Be very careful of upcoming volatility because of Switzerland SNB Interest Rate Decison news event later today. We expect a large increase in volatility on the these instruments following the event release at 17 Dec 08:30 UTC:
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 CH SNB Interest Rate Decison |
|---|---|---|
| USDCHF | 22-35 pips | 38-59 pips (68.21%) |