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RBA Interest Rate Decision
Be very careful of upcoming volatility because of Australia RBA Interest Rate Decision news event later today. We expect a large increase in volatility on the these instruments following the event release at 2023-03-07 03:30:
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|
|NZDUSD||15-24 pips||24-40 pips (67.52%)|
|AUDUSD||16-25 pips||46-86 pips (242.29%)|
|USDCHF||9-14 pips||10-16 pips (12.66%)|
|USDCAD||12-20 pips||14-22 pips (10.24%)|
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