Volatility alert for 2023-02-10 13:30

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Unemployment Rate

Due to the Canada Unemployment Rate news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 2023-02-10 13:30:

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
USDCHF 25-42 pips 32-52 pips (24.18%)
EURUSD 28-48 pips 44-75 pips (56.55%)
AUDUSD 24-40 pips 38-63 pips (55.23%)
USDJPY 27-50 pips 41-73 pips (43.85%)
NZDUSD 23-38 pips 40-66 pips (73.07%)

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