Be very careful of upcoming volatility because of United States Unemployment Rate news event later today. We expect a large increase in volatility on the these instruments following the event release at 01 Apr 23:30 GMT+11:
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 Unemployment Rate |
---|---|---|
USDCHF | 22-36 pips | 35-46 pips (27.52%) |
EURUSD | 26-45 pips | 46-51 pips (15.13%) |
NZDUSD | 21-34 pips | 39-57 pips (68.59%) |
AUDUSD | 21-35 pips | 37-54 pips (51.60%) |
USDJPY | 21-35 pips | 42-52 pips (48.23%) |
USDCAD | 32-54 pips | 71-114 pips (111.26%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).