Volatility alert for 18 Jun 07:30

Due to the Switzerland SNB Interest Rate Decison news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 18 Jun 07:30:

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%)