Be very careful of upcoming volatility because of Australia RBA Interest Rate Decision news event later today. We expect a large increase in volatility on the these instruments following the event release at 2023-02-07 03:30:
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 | 16-25 pips | 46-86 pips (239.92%) |
| USDCHF | 9-14 pips | 10-16 pips (12.66%) |
| USDCAD | 12-20 pips | 14-22 pips (10.24%) |
| NZDUSD | 13-20 pips | 20-34 pips (67.45%) |