Volatility alert for 01 Apr 23:30

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”).