BoE Interest Rate Decision
Due to the United Kingdom BoE Interest Rate Decision news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 05 May 11:00:
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 GB BoE Interest Rate Decision|
|EURUSD||20-32 pips||25-40 pips (23.35%)|
|USDCHF||16-26 pips||20-30 pips (16.03%)|
|GBPUSD||30-51 pips||88-115 pips (125.66%)|