Upcoming volatility expected at 16 Jun 11:00

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 16 Jun 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 17-26 pips 20-30 pips (13.85%)
GBPUSD 31-51 pips 88-115 pips (125.66%)