Upcoming volatility expected at 2023-01-06 13:30

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Unemployment Rate

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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