Warning: Upcoming volatility at 30 Nov 13:30

Canada is releasing its GDP Growth Rate Annualized news event later today, and because of this we are expecting a large increase in volatility following the event release at 30 Nov 13:30. These are the instruments that will 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 CA GDP Growth Rate Annualized
EURUSD	30-51 pips	31-39 pips (-23.68%)
USDCAD	40-69 pips	89-126 pips (82.51%)
USDCHF	26-44 pips	29-39 pips (-12.34%)
USDJPY	27-46 pips	28-50 pips (7.78%)

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

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