Volatility warning for 21 Dec 13:30

Due to the United States GDP Growth Rate QoQ Final news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 21 Dec 13:30:

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 GDP Growth Rate QoQ Final
AUDUSD 18-28 pips 19-28 pips (2.31%)
EURUSD 23-38 pips 21-37 pips (-3.46%)
GBPUSD 30-50 pips 32-37 pips (-25.21%)
NZDUSD 18-29 pips 17-19 pips (-34.54%)
USDCAD 26-41 pips 32-52 pips (26.37%)
USDCHF 22-37 pips 20-22 pips (-40.11%)
USDJPY 19-34 pips 16-21 pips (-36.41%)

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

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