Volatility alert for 2023-04-07 12:30

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 2023-04-07 12:30:

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
GBPUSD 38-63 pips 60-98 pips (55.23%)
USDCHF 25-42 pips 47-81 pips (88.40%)
AUDUSD 24-40 pips 48-82 pips (102.48%)
NZDUSD 23-38 pips 55-92 pips (140.30%)
EURUSD 28-48 pips 53-88 pips (83.71%)
USDJPY 29-53 pips 63-114 pips (114.37%)
USDCAD 34-58 pips 78-125 pips (114.30%)