Warning: Upcoming volatility at 06 Dec 15:00

Canada is releasing its Ivey PMI s.a news event later today, and because of this we are expecting a large increase in volatility following the event release at 06 Dec 15:00. These are the instruments that will be affected:

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 CA Ivey PMI s.a
AUDUSD 26-42 pips 30-46 pips (10.87%)
EURUSD 33-55 pips 46-83 pips (51.18%)
NZDUSD 26-43 pips 31-51 pips (17.66%)
USDCHF 31-51 pips 39-66 pips (29.99%)

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

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