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 2022-09-02 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 | 23-39 pips | 35-46 pips (16.85%) |
| NZDUSD | 22-35 pips | 39-57 pips (62.67%) |
| AUDUSD | 22-38 pips | 37-54 pips (41.88%) |
| USDJPY | 24-43 pips | 42-52 pips (21.43%) |
| USDCAD | 31-53 pips | 71-114 pips (113.47%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).