Due to the Australia Employment Change news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 2023-03-16 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 AU Employment Change |
|---|---|---|
| NZDUSD | 18-29 pips | 21-34 pips (16.92%) |
| AUDUSD | 17-30 pips | 30-53 pips (77.95%) |