Volatility alert for 2023-03-16 00:30

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Employment Change

Be very careful of upcoming volatility because of Australia Employment Change news event later today. We expect a large increase in volatility on the these instruments following the event release at 2023-03-16 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 Employment Change
NZDUSD 18-29 pips 21-34 pips (16.92%)
AUDUSD 17-30 pips 30-53 pips (77.95%)

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