Volatility alert for 19 Mar 08:30

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 19 Mar 08:30:

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%)