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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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