Upcoming volatility expected at 2023-02-03 13:30

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Unemployment Rate

Due to the United States Unemployment Rate news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 2023-02-03 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 US Unemployment Rate
USDCHF 25-42 pips 40-64 pips (51.68%)
EURUSD 28-48 pips 46-73 pips (52.27%)
NZDUSD 23-38 pips 47-74 pips (92.96%)
USDCAD 33-57 pips 78-125 pips (116.56%)

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