Volatility warning for 29 Nov 06:45

Due to the Switzerland GDP Growth Rate YoY news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 29 Nov 06:45:

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 GDP Growth Rate YoY
AUDUSD 17-27 pips 19-23 pips (-15.47%)
EURUSD 15-26 pips 16-24 pips (-3.85%)
GBPUSD 18-29 pips 17-21 pips (-26.67%)
NZDUSD 16-24 pips 15-20 pips (-16.09%)
USDCAD 15-24 pips 13-16 pips (-31.59%)
USDCHF 14-24 pips 17-29 pips (18.97%)

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

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