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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 2023-01-06 13:30:
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|
|USDCHF||25-42 pips||32-52 pips (24.11%)|
|AUDUSD||24-40 pips||36-59 pips (46.66%)|
|EURUSD||28-48 pips||44-75 pips (56.71%)|
|NZDUSD||23-37 pips||38-61 pips (62.89%)|
|USDJPY||27-49 pips||41-73 pips (48.98%)|
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