United Kingdom is releasing its BoE Interest Rate Decision news event later today, and because of this we are expecting a large increase in volatility following the event release at 05 May 11:00. 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 GB BoE Interest Rate Decision |
|---|---|---|
| EURUSD | 20-32 pips | 25-40 pips (23.35%) |
| USDCHF | 16-26 pips | 20-30 pips (16.03%) |
| GBPUSD | 30-51 pips | 88-115 pips (125.66%) |