Volatility alert for 2023-03-10 13:30

Be very careful of upcoming volatility because of United States Unemployment Rate news event later today. We expect a large increase in volatility on the these instruments following the event release at 2023-03-10 13:30:

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 Unemployment Rate
USDCHF 25-42 pips 42-70 pips (65.64%)
EURUSD 28-48 pips 48-78 pips (61.23%)
NZDUSD 23-38 pips 55-93 pips (143.74%)
USDCAD 34-58 pips 78-125 pips (115.45%)