Due to the Japan Balance of Trade news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 19 Jan 23:50:
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 JP Balance of Trade |
|---|---|---|
| USDJPY | 12-20 pips | 18-28 pips (36.69%) |