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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 2023-05-02 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|
|NZDUSD||15-24 pips||25-41 pips (73.08%)|
|AUDUSD||16-25 pips||46-81 pips (218.41%)|
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