Upcoming volatility expected at 07 Jun 04:30

RBA Interest Rate Decision

Australia is releasing its RBA Interest Rate Decision news event later today, and because of this we are expecting a large increase in volatility following the event release at 07 Jun 04:30. These are the instruments that may 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 AU RBA Interest Rate Decision
USDCAD 14-22 pips 16-25 pips (10.46%)
AUDUSD 16-25 pips 46-88 pips (251.58%)