Due to the United States Non Farm Payrolls news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 2023-03-11 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 US Non Farm Payrolls |
|---|---|---|
| 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%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).