Warning: Upcoming volatility at 21 Nov 13:30

United States is releasing its Durable Goods Orders MoM news event later today, and because of this we are expecting a large increase in volatility following the event release at 21 Nov 13:30. 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 US Durable Goods Orders MoM
EURUSD 30-51 pips 41-75 pips (46.52%)
USDCAD 40-69 pips 44-78 pips (13.65%)
USDCHF 26-44 pips 35-59 pips (32.55%)
USDJPY 27-46 pips 41-73 pips (55.73%)

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

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