Consider closing some positions today

Be very careful of upcoming volatility because of United States Fed Interest Rate Decision news event later today. We expect a large increase in volatility on the these instruments following the event release at 19 Dec 19:00 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 US Fed Interest Rate Decision
AUDUSD	15-25 pips	22-32 pips (26.73%)
EURUSD	21-36 pips	26-45 pips (24.21%)
GBPUSD	23-40 pips	28-40 pips (1.67%)
NZDUSD	17-28 pips	27-49 pips (74.82%)
USDCHF	21-36 pips	21-32 pips (-10.28%)
USDJPY	20-36 pips	21-32 pips (-11.76%)

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

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