Be very careful of upcoming volatility because of United States Unemployment Rate news event later today. We expect a large increase in volatility on the these instruments following the event release at 2022-07-08 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 | 23-37 pips | 35-46 pips (23.26%) |
| EURUSD | 26-45 pips | 46-51 pips (15.04%) |
| NZDUSD | 21-35 pips | 39-57 pips (64.99%) |
| AUDUSD | 22-37 pips | 37-54 pips (43.19%) |
| USDJPY | 23-41 pips | 42-52 pips (28.98%) |
| USDCAD | 31-53 pips | 71-114 pips (115.59%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).