Volatility alert for 19 May 01:30

Unemployment Rate

Be very careful of upcoming volatility following Australia Unemployment Rate news event later today. We expect a large increase in volatility on the these instruments following the event release at 19 May 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 Unemployment Rate
EURUSD 13-21 pips 15-25 pips (16.04%)
USDCHF 10-15 pips 12-19 pips (26.04%)
AUDUSD 15-26 pips 32-55 pips (108.96%)