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Be very careful of upcoming volatility because of Australia Unemployment Rate news event later today. We expect a large increase in volatility on the these instruments following the event release at 2022-11-17 00:30:
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 AU Unemployment Rate|
|EURUSD||14-23 pips||17-31 pips (34.52%)|
|NZDUSD||18-29 pips||21-34 pips (17.91%)|
|AUDUSD||17-29 pips||32-52 pips (75.78%)|
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