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Canada is releasing its Unemployment Rate news event later today, and because of this we are expecting a large increase in volatility following the event release at 2023-04-06 12:30. These are the instruments that may be affected:
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|
|EURUSD||28-48 pips||46-78 pips (63.84%)|
|USDCHF||25-42 pips||37-63 pips (48.31%)|
|AUDUSD||24-40 pips||40-66 pips (62.46%)|
|NZDUSD||23-38 pips||40-64 pips (67.36%)|
|USDJPY||29-53 pips||44-75 pips (40.39%)|
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