Volatility alert for 2023-02-01 19:00

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 2023-02-01 19:00:

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 43-91 pips (300.98%)
GBPUSD 22-38 pips 97-167 pips (337.95%)
USDCAD 21-35 pips 70-116 pips (224.72%)
EURUSD 16-26 pips 56-116 pips (331.16%)
AUDUSD 15-25 pips 73-126 pips (398.61%)
NZDUSD 15-25 pips 63-107 pips (326.29%)