Volatility warning for 28 Dec 08:00

Due to the Switzerland KOF Leading Indicators news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 28 Dec 08:00:

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 CH KOF Leading Indicators
AUDUSD 24-39 pips 23-40 pips (2.66%)
EURUSD 31-53 pips 29-50 pips (-4.86%)
GBPUSD 36-60 pips 34-56 pips (-6.77%)
NZDUSD 22-35 pips 22-39 pips (11.02%)
USDCAD 26-43 pips 22-35 pips (-17.20%)
USDCHF 27-45 pips 33-63 pips (39.29%)
USDJPY 25-44 pips 23-40 pips (-9.16%)

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

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