Be very careful of upcoming volatility because of Australia Unemployment Rate news event later today. We expect a large increase in volatility on the these instruments following the event release at 14 Apr 01:30 UTC:
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 | 18-28 pips | 20-34 pips (21.71%) |
| USDCHF | 9-15 pips | 12-19 pips (30.23%) |
| USDJPY | 14-25 pips | 17-28 pips (14.89%) |
| AUDUSD | 15-25 pips | 32-55 pips (118.39%) |