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 2022-11-04 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 |
|---|---|---|
| USDCAD | 33-56 pips | 71-114 pips (102.70%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).