Warning: Upcoming volatility at 28 Nov 13:30

United States is releasing its GDP Price Index QoQ 2nd Est news event later today, and because of this we are expecting a large increase in volatility following the event release at 28 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 GDP Price Index QoQ 2nd Est
EURUSD 30-51 pips 43-75 pips (47.82%)
USDCAD 40-69 pips 42-75 pips (9.57%)
USDCHF 26-44 pips 52-59 pips (32.22%)
USDJPY 27-46 pips 49-72 pips (53.53%)

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

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