Upcoming volatility expected at 2023-06-06 04:30

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RBA Interest Rate Decision

Be very careful of upcoming volatility because of Australia RBA Interest Rate Decision news event later today. We expect a large increase in volatility on the these instruments following the event release at 2023-06-06 04:30:

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
NZDUSD 15-24 pips 25-41 pips (73.08%)
AUDUSD 15-25 pips 46-81 pips (216.55%)
USDCAD 12-20 pips 14-22 pips (12.49%)

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