Volatility alert for 2022-11-04 23:30

United States is releasing its Non Farm Payrolls 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 Non Farm Payrolls
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”).