Warning: Upcoming volatility at 11 Dec 00:30

Australia is releasing its NAB Business Confidence news event later today, and because of this we are expecting a large increase in volatility following the event release at 11 Dec 00:30. 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 AU NAB Business Confidence
EURUSD	14-24 pips	16-25 pips (7.06%)
GBPUSD	16-26 pips	18-29 pips (11.04%)
USDCAD	14-23 pips	16-28 pips (20.93%)
USDCHF	11-19 pips	13-21 pips (11.45%)
USDJPY	21-38 pips	23-39 pips (3.40%)

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

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