Trade Syndication · Volatility spikes · Monday, Oct 19
When markets woke up on Monday
1 market traded far past a normal hour. USD/CAD led at 4.7×.
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 Monday, Oct 19, with any scheduled news around them and what the market did in the two hours after. Times are New York time.
- ⚡ USD/CAD 0.30% in an hour (4.7× normal)
1. USD/CAD: a one-hour burst 4.7× its normal hour, around Canada CPI m/m
| One hour | 0.30% (07:45 to 08:45 ET) |
|---|---|
| A normal hour | 0.06% (median of 20 sessions) |
| This hour | 4.7× (a normal hour) |
Between 07:45 and 08:45 ET on Monday, USD/CAD traded a 0.30% range, 4.7× a normal hour for it (about 0.06%).
It came with Canada CPI m/m at 08:30 ET.
It moved +0.16% 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.