Volatility warning for 29 Nov 10:00

Due to the Euro Area Business Confidence news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 29 Nov 10:00:

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 EMU Business Confidence
AUDUSD	19-29 pips	20-31 pips (4.32%)
GBPUSD	33-55 pips	32-48 pips (-13.86%)
NZDUSD	18-28 pips	21-32 pips (13.36%)
USDCAD	23-37 pips	25-42 pips (15.11%)
USDCHF	22-36 pips	23-38 pips (7.06%)
USDJPY	19-33 pips	20-34 pips (3.35%)

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

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