Volatility alert for 16 Jan 13:30

Be very careful of upcoming volatility because of United States Continuing Jobless Claims news event later today. We expect a large increase in volatility on the these instruments following the event release at 16 Jan 13:30 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 US Continuing Jobless Claims
USDCHF 22-37 pips 21-33 pips (-10.37%)
AUDUSD 17-27 pips 17-26 pips (-4.05%)
NZDUSD 17-27 pips 18-29 pips (6.58%)
USDJPY 19-33 pips 19-31 pips (-5.35%)
GBPUSD 32-53 pips 40-71 pips (34.95%)
EURUSD 23-38 pips 25-43 pips (11.71%)