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 12 Mar 12:45. 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 |
|---|---|---|
| NZDUSD | 16-24 pips | 18-27 pips (12.99%) |
| GBPUSD | 31-52 pips | 35-60 pips (15.24%) |
| USDCHF | 18-28 pips | 34-65 pips (130.87%) |
| EURUSD | 20-32 pips | 47-92 pips (185.17%) |