United States is releasing its Fed Interest Rate Decision news event later today, and because of this we are expecting a large increase in volatility following the event release at 2023-06-15 04:00. These are the instruments that may be affected:
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 | 14-23 pips | 57-120 pips (410.63%) |
| GBPUSD | 22-37 pips | 100-167 pips (340.26%) |
| EURUSD | 16-27 pips | 78-118 pips (328.15%) |
| USDCAD | 21-36 pips | 79-116 pips (223.59%) |
| AUDUSD | 15-26 pips | 83-126 pips (384.29%) |
| NZDUSD | 15-25 pips | 72-107 pips (320.27%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).