Due to the United States Non Farm Payrolls news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 2022-10-07 23:30:
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 Non Farm Payrolls |
|---|---|---|
| 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”).