Volatility alert for 2023-03-16 13:15

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ECB Interest Rate Decision

Euro Area is releasing its ECB Interest Rate Decision news event later today, and because of this we are expecting a large increase in volatility following the event release at 2023-03-16 13:15. These are the instruments that may be affected:

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 18-31 pips 28-42 pips (36.52%)
USDCAD 23-38 pips 40-50 pips (30.14%)
NZDUSD 17-28 pips 32-41 pips (45.48%)
USDCHF 18-30 pips 30-56 pips (84.75%)
GBPUSD 32-53 pips 63-90 pips (71.32%)
EURUSD 21-34 pips 52-90 pips (160.31%)

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