Volatility alert for 2022-11-03 05:00

Due to the United States Fed Interest Rate Decision news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 2022-11-03 05:00:

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 US Fed Interest Rate Decision
USDCHF 14-22 pips 40-83 pips (271.68%)
GBPUSD 22-37 pips 73-158 pips (326.14%)
EURUSD 15-26 pips 49-107 pips (300.88%)
USDCAD 21-35 pips 61-116 pips (233.99%)
AUDUSD 14-24 pips 58-120 pips (390.75%)
NZDUSD 14-24 pips 57-107 pips (346.37%)

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).