Consider closing some positions today

Be very careful of upcoming volatility because of Australia GDP Growth Rate YoY news event later today. We expect a large increase in volatility on the these instruments following the event release at 05 Dec 00:30 GMT:

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 GDP Growth Rate YoY
EURUSD	14-24 pips	12-16 pips (-33.48%)
GBPUSD	16-26 pips	18-24 pips (-10.12%)
USDCAD	14-23 pips	18-25 pips (7.53%)
USDCHF	11-19 pips	12-17 pips (-9.70%)
USDJPY	21-38 pips	25-35 pips (-5.70%)

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

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