Canada 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 2023-02-11 00:30. 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 Unemployment Rate |
|---|---|---|
| USDCHF | 25-42 pips | 32-52 pips (24.18%) |
| EURUSD | 28-48 pips | 44-75 pips (56.55%) |
| AUDUSD | 24-40 pips | 38-63 pips (55.23%) |
| USDJPY | 27-50 pips | 41-73 pips (43.85%) |
| NZDUSD | 23-38 pips | 40-66 pips (73.07%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).