Volatility alert for 2022-07-08 12:30

Unemployment Rate

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 2022-07-08 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
USDCHF 23-37 pips 32-41 pips (10.69%)
EURUSD 26-45 pips 44-51 pips (15.04%)
NZDUSD 21-35 pips 38-61 pips (75.42%)
USDJPY 23-41 pips 41-52 pips (28.98%)
USDCAD 31-53 pips 73-117 pips (121.38%)