Upcoming volatility expected at 06 Feb 00:30

Australia is releasing its Retail Sales MoM news event later today, and because of this we are expecting a large increase in volatility following the event release at 06 Feb 00:30. 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 Retail Sales MoM
EURUSD 12-20 pips 14-23 pips (14.43%)
GBPUSD 15-26 pips 19-32 pips (19.45%)
USDCAD 14-22 pips 16-25 pips (12.00%)
USDCHF 10-16 pips 14-21 pips (27.52%)
NZDUSD 16-25 pips 21-30 pips (17.89%)
USDJPY 19-35 pips 26-41 pips (18.74%)
AUDUSD 14-23 pips 27-39 pips (68.41%)