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Be very careful of upcoming volatility because of Canada Unemployment Rate news event later today. We expect a large increase in volatility on the these instruments following the event release at 2022-10-07 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 CA Unemployment Rate|
|NZDUSD||22-36 pips||38-61 pips (68.93%)|
|USDJPY||25-45 pips||41-52 pips (15.62%)|
|USDCAD||31-53 pips||73-117 pips (119.01%)|
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