Be very careful of upcoming volatility because of United States Non Farm Payrolls news event later today. We expect a large increase in volatility on the these instruments following the event release at 2022-11-04 12:30:
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 US Non Farm Payrolls |
|---|---|---|
| USDCAD | 33-56 pips | 71-114 pips (102.70%) |