Due to the Euro Area ECB Interest Rate Decision news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 2022-12-15 13:15:
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 EMU ECB Interest Rate Decision |
|---|---|---|
| AUDUSD | 18-30 pips | 26-42 pips (40.32%) |
| USDCAD | 22-37 pips | 40-50 pips (32.36%) |
| NZDUSD | 17-27 pips | 23-40 pips (50.41%) |
| USDCHF | 18-29 pips | 29-54 pips (85.03%) |
| GBPUSD | 32-53 pips | 59-90 pips (68.14%) |
| EURUSD | 20-35 pips | 46-86 pips (146.63%) |