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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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