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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 2022-10-27 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||18-30 pips||23-42 pips (40.41%)|
|USDCAD||22-36 pips||39-46 pips (29.12%)|
|NZDUSD||16-26 pips||20-33 pips (25.00%)|
|USDCHF||17-28 pips||27-50 pips (79.66%)|
|GBPUSD||32-53 pips||60-90 pips (70.19%)|
|EURUSD||20-34 pips||42-74 pips (114.20%)|
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