Volatility alert for 2022-09-08 12:15

ECB Interest Rate Decision

Due to the Euro Area ECB Interest Rate Decision news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 2022-09-08 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 17-28 pips 19-33 pips (16.68%)
NZDUSD 16-26 pips 19-33 pips (25.87%)
USDCAD 21-35 pips 34-47 pips (32.20%)
USDCHF 17-27 pips 25-46 pips (68.64%)
GBPUSD 31-51 pips 56-90 pips (76.78%)
EURUSD 20-33 pips 38-65 pips (96.27%)