BoE Interest Rate Decision
Be very careful of upcoming volatility following United Kingdom BoE Interest Rate Decision news event later today. We expect a large increase in volatility on the these instruments following the event release at 16 Jun 11:00 UTC:
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 | 17-26 pips | 20-30 pips (13.85%) |
| GBPUSD | 31-51 pips | 88-115 pips (125.66%) |