Be very careful of upcoming volatility following Australia Employment Change news event later today. We expect a large increase in volatility on the these instruments following the event release at 19 May 11:30 GMT+10:
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 Employment Change |
|---|---|---|
| EURUSD | 13-21 pips | 15-25 pips (16.04%) |
| USDCHF | 10-15 pips | 12-19 pips (24.35%) |
| AUDUSD | 15-26 pips | 32-60 pips (130.88%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).