Be very careful of upcoming volatility because of United States Durable Goods Orders MoM news event later today. We expect a large increase in volatility on the these instruments following the event release at 2023-05-26 22:30:
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 US Durable Goods Orders MoM |
|---|---|---|
| C | 1000-2200 pips | 1000-2737 pips (24.43%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).