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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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