Due to the Australia RBA Interest Rate Decision news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 2022-10-04 14:30:
The table below summarizes how the volatility of each instrument is expected to change during this news event.
Symbol | Normal Movement Range | Movement range during AU RBA Interest Rate Decision |
---|---|---|
AUDUSD | 15-25 pips | 46-88 pips (249.50%) |
USDCAD | 12-19 pips | 14-22 pips (11.74%) |
NZDUSD | 13-20 pips | 20-35 pips (70.83%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).