Canada is releasing its Employment Change news event later today, and because of this we are expecting a large increase in volatility following the event release at 10 Jun 22:30. These are the instruments that may be affected:
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 CA Employment Change |
---|---|---|
USDCHF | 22-36 pips | 32-41 pips (13.73%) |
EURUSD | 26-45 pips | 44-51 pips (14.41%) |
AUDUSD | 22-36 pips | 36-40 pips (10.81%) |
NZDUSD | 21-34 pips | 38-61 pips (77.19%) |
USDJPY | 22-38 pips | 41-52 pips (37.58%) |
USDCAD | 31-53 pips | 73-117 pips (120.08%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).