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Australia is releasing its Employment Change news event later today, and because of this we are expecting a large increase in volatility following the event release at 2023-05-18 01:30. 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 AU Employment Change|
|NZDUSD||18-29 pips||21-33 pips (12.22%)|
|GBPUSD||17-30 pips||19-34 pips (13.59%)|
|USDCAD||15-26 pips||18-30 pips (12.78%)|
|AUDUSD||17-30 pips||30-52 pips (71.46%)|
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