Upcoming volatility expected at 2023-01-19 00:30

Due to the Australia Unemployment Rate news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 2023-01-19 00:30:

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 AU Unemployment Rate
NZDUSD 18-29 pips 21-34 pips (17.51%)
AUDUSD 17-30 pips 30-52 pips (74.29%)