Volatility alert for 2023-04-04 04:30

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 2023-04-04 04:30:

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
NZDUSD 15-24 pips 24-40 pips (68.39%)
AUDUSD 16-25 pips 46-86 pips (243.28%)
USDCHF 9-14 pips 10-16 pips (12.66%)
USDCAD 12-20 pips 14-22 pips (10.24%)