Australia is releasing its Unemployment Rate news event later today, and because of this we are expecting a large increase in volatility following the event release at 2022-08-18 11:30. 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 AU Unemployment Rate |
|---|---|---|
| NZDUSD | 18-28 pips | 21-34 pips (21.24%) |
| EURUSD | 13-22 pips | 17-31 pips (37.63%) |
| GBPUSD | 19-31 pips | 21-37 pips (18.70%) |
| AUDUSD | 16-27 pips | 32-55 pips (98.06%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).