Be very careful of upcoming volatility because of Australia Employment Change news event later today. We expect a large increase in volatility on the these instruments following the event release at 2022-10-20 00:30:
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 AU Employment Change |
|---|---|---|
| EURUSD | 14-22 pips | 17-31 pips (38.91%) |
| NZDUSD | 18-29 pips | 21-34 pips (18.93%) |
| AUDUSD | 17-29 pips | 32-60 pips (108.70%) |