Volatility alert for 16 Jun 01:30

Employment Change

Be very careful of upcoming volatility following Australia Employment Change news event later today. We expect a large increase in volatility on the these instruments following the event release at 16 Jun 01:30 UTC:

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
GBPUSD 18-30 pips 20-34 pips (14.14%)
EURUSD 13-22 pips 15-25 pips (15.05%)
USDCHF 10-15 pips 12-19 pips (24.35%)
AUDUSD 15-26 pips 32-60 pips (127.85%)