Volatility alert for 17 Sep 11:00

Due to the United Kingdom BoE Interest Rate Decision news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 17 Sep 11:00:

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
USDCHF 18-28 pips 22-34 pips (20.78%)
EURUSD 20-32 pips 25-38 pips (19.66%)
AUDUSD 16-25 pips 19-28 pips (13.94%)
NZDUSD 16-24 pips 24-35 pips (42.79%)
USDJPY 17-30 pips 26-49 pips (60.96%)
GBPUSD 31-52 pips 105-189 pips (259.84%)