Upcoming volatility expected at 2023-06-15 12:15

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ECB Interest Rate Decision

Be very careful of upcoming volatility because of Euro Area ECB Interest Rate Decision news event later today. We expect a large increase in volatility on the these instruments following the event release at 2023-06-15 12:15:

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 EMU ECB Interest Rate Decision
AUDUSD 19-31 pips 27-42 pips (34.16%)
USDCAD 23-40 pips 40-50 pips (25.08%)
NZDUSD 17-28 pips 29-41 pips (45.10%)
USDCHF 19-30 pips 36-61 pips (102.63%)
GBPUSD 31-52 pips 61-90 pips (71.32%)
EURUSD 21-35 pips 62-90 pips (157.34%)

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