Volatility alert for 2023-03-11 00:30

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 2023-03-11 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 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%)

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).