Consider closing some positions today

Be very careful of upcoming volatility because of Germany Inflation Rate YoY Prel news event later today. We expect a large increase in volatility on the these instruments following the event release at 29 Nov 13:00 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 DE Inflation Rate YoY Prel
EURUSD	30-51 pips	41-71 pips (40.16%)
USDCAD	40-69 pips	40-67 pips (-2.38%)
USDCHF	26-44 pips	33-56 pips (24.72%)
USDJPY	27-46 pips	31-53 pips (12.88%)

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

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