Volatility alert for 2022-10-07 23:30

United States is releasing its Unemployment Rate news event later today, and because of this we are expecting a large increase in volatility following the event release at 2022-10-07 23:30. These are the instruments that may be affected:

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 24-39 pips 35-46 pips (15.93%)
NZDUSD 22-36 pips 39-57 pips (58.88%)
USDJPY 25-45 pips 42-52 pips (15.62%)
USDCAD 31-53 pips 71-114 pips (113.28%)

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).