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”).