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 2023-02-16 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 (17.31%) |
| AUDUSD | 17-29 pips | 30-52 pips (75.75%) |