Due to the United States Unemployment Rate news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 03 Jun 22:30:
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 US Unemployment Rate |
|---|---|---|
| USDCHF | 22-36 pips | 35-46 pips (26.64%) |
| EURUSD | 26-45 pips | 46-51 pips (14.41%) |
| NZDUSD | 21-34 pips | 39-57 pips (66.65%) |
| AUDUSD | 22-36 pips | 37-54 pips (46.48%) |
| USDJPY | 22-38 pips | 42-52 pips (38.48%) |
| USDCAD | 31-53 pips | 71-114 pips (113.67%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).