Volatility alert for 2023-02-16 00:30

Australia is releasing its Employment Change news event later today, and because of this we are expecting a large increase in volatility following the event release at 2023-02-16 00:30. 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 AU Employment Change
NZDUSD 18-29 pips 21-34 pips (17.31%)
AUDUSD 17-29 pips 30-53 pips (78.62%)