Warning: Upcoming volatility at 05 Dec 15:00

Canada is releasing its BoC Interest Rate Decision news event later today, and because of this we are expecting a large increase in volatility following the event release at 05 Dec 15:00. 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 BoC Interest Rate Decision
AUDUSD	26-42 pips	27-40 pips (-3.85%)
EURUSD	33-55 pips	37-64 pips (16.20%)
NZDUSD	26-43 pips	29-46 pips (7.22%)
USDCHF	31-51 pips	37-68 pips (33.62%)

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

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