Volatility alert for 27 Jan 06:00

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 27 Jan 06:00:

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
USDCAD 20-32 pips 85-126 pips (288.77%)
USDJPY 13-21 pips 48-70 pips (224.65%)
USDCHF 13-20 pips 55-80 pips (291.21%)

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).