Consider closing some positions today

Be very careful of upcoming volatility because of Canada GDP Growth Rate QoQ news event later today. We expect a large increase in volatility on the these instruments following the event release at 30 Nov 13:30 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 CA GDP Growth Rate QoQ
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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