Warning of potential volatility: 12-14 May

Announcement from 10/05/2020

Scheduled events for some of the most widely-traded currencies, with potential to also affect index and commodity markets. Times are GMT+3.

Tuesday, 12th May

  • 15:30: USD — CPI

Wednesday, 13th May

  • 05:00: NZD — Official Cash Rate
  • 09:00: GBP — GDP

Thursday, 14th May

  • 04:30: AUD — Employment Change
  • 04:30: AUD — Unemployment Rate
  • 09:00: EUR — German CPI

Potential volatility in the crypto world:

~11th-12th May

  • Bitcoin Halving

Approx. once every 4 years, the Bitcoin miner reward is halved. This doesn’t affect the BTC price directly, but may still contribute to price action by stirring up the community.

The date is approximate as halvings take place every 210,000 blocks mined.

Crypto CFD: BTCUSD (trading days: Mon-Fri, here’s why).

* All times are Server Time (GMT+3).

Clients should understand that we are not suggesting price movements will go in a particular direction, nor do we encourage you to trade the volatility. We are simply giving you an advanced warning of significant price movements so you can adjust your trades to mitigate the volatility.

IMPORTANT! We remind you that liquidity tends to get thinner, and spreads tend to widen during economic news. We strongly advise you to exercise caution when trading during these specific dates.

Should you have any questions, please do not hesitate to contact us.

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