Volatility alert for 2022-07-05 04:30

RBA Interest Rate Decision

Due to the Australia RBA Interest Rate Decision news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 2022-07-05 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
USDCAD 14-22 pips 16-25 pips (10.03%)
AUDUSD 15-25 pips 46-88 pips (251.58%)