Volatility alert for 2022-09-09 12:30

Unemployment Rate

Be very careful of upcoming volatility because of Canada Unemployment Rate news event later today. We expect a large increase in volatility on the these instruments following the event release at 2022-09-09 12:30:

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
EURUSD 27-46 pips 44-52 pips (11.40%)
NZDUSD 22-35 pips 38-61 pips (71.75%)
USDJPY 25-44 pips 41-52 pips (20.09%)
USDCAD 31-53 pips 73-117 pips (120.45%)