Trade Syndication · Volatility spikes · Wednesday, Oct 28
NZD/USD: 1.92% in one hour on Wednesday
20:30 to 21:30 ET around New Zealand Official Cash Rate, and what happened in the two hours after.
For every market we cover we find its busiest hour of the day and set it against its normal hour: the median one-hour range of its last 20 sessions. A spike is an hour of three times normal or more. These are the biggest on Wednesday, Oct 28, with any scheduled news around them and what the market did in the two hours after. Times are New York time.
- ⚡ NZD/USD 1.92% in an hour (15.6× normal)
1. NZD/USD: a one-hour burst 15.6× its normal hour, around New Zealand Official Cash Rate
| One hour | 1.92% (20:30 to 21:30 ET) |
|---|---|
| A normal hour | 0.12% (median of 20 sessions) |
| This hour | 15.6× (a normal hour) |
Between 20:30 and 21:30 ET on Wednesday, NZD/USD traded a 1.92% range, 15.6× a normal hour for it (about 0.12%).
It came with New Zealand Official Cash Rate at 21:00 ET.
It moved −1.26% in that hour, then held there over the next two hours.
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Prices are from our market data feed; times are New York time (ET), and a day runs New York 17:00 to 17:00. This is market information, not investment advice or a recommendation to trade. Past moves do not predict future ones, and trading involves risk of loss.