Upcoming volatility expected at 03 Mar 03:30

Australia is releasing its RBA Interest Rate Decision news event later today, and because of this we are expecting a large increase in volatility following the event release at 03 Mar 03:30. 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 AU RBA Interest Rate Decision
GBPUSD 14-22 pips 20-38 pips (69.53%)
USDCAD 11-18 pips 17-28 pips (53.53%)
NZDUSD 13-21 pips 25-43 pips (103.23%)
AUDUSD 13-19 pips 52-99 pips (399.49%)