Volatility alert for 28 Jul 18:00

Due to the United States Fed Interest Rate Decision news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 28 Jul 18:00:

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 US Fed Interest Rate Decision
USDCAD 22-37 pips 93-156 pips (322.79%)
GBPUSD 21-34 pips 87-147 pips (321.32%)
USDCHF 16-26 pips 67-110 pips (318.31%)
USDJPY 18-32 pips 75-124 pips (284.71%)
NZDUSD 14-22 pips 66-99 pips (345.42%)
AUDUSD 13-21 pips 65-103 pips (380.92%)
EURUSD 16-27 pips 81-126 pips (364.96%)