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Due to the Canada Employment Change news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 2023-03-10 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 Employment Change|
|USDCHF||25-42 pips||32-52 pips (23.29%)|
|EURUSD||28-48 pips||44-75 pips (56.39%)|
|AUDUSD||24-40 pips||38-61 pips (50.42%)|
|NZDUSD||23-38 pips||40-64 pips (67.03%)|
|USDJPY||28-51 pips||41-68 pips (32.69%)|
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