Volatility alert for 21 Jan 20:30

Be very careful of upcoming volatility because of United Kingdom Claimant Count Change news event later today. We expect a large increase in volatility on the these instruments following the event release at 21 Jan 20:30 GMT+11:

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 GB Claimant Count Change
USDJPY 20-35 pips 23-39 pips (13.28%)
USDCAD 24-40 pips 21-32 pips (-18.45%)
NZDUSD 19-30 pips 22-33 pips (9.67%)
AUDUSD 20-33 pips 26-44 pips (31.73%)
USDCHF 23-38 pips 25-39 pips (1.69%)
EURUSD 26-44 pips 27-47 pips (5.15%)
GBPUSD 39-68 pips 68-102 pips (50.03%)