Due to the Australia Unemployment Rate news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 16 Jun 11:30:
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 AU Unemployment Rate |
|---|---|---|
| GBPUSD | 18-30 pips | 20-34 pips (14.14%) |
| EURUSD | 13-22 pips | 15-25 pips (15.05%) |
| USDCHF | 10-15 pips | 12-19 pips (26.04%) |
| AUDUSD | 15-26 pips | 32-55 pips (106.22%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).