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%)|