Upcoming volatility expected at 2023-04-06 12:30

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Employment Change

Due to the Canada Employment Change news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 2023-04-06 12:30:

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 Employment Change
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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