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Be very careful of upcoming volatility because of United States Unemployment Rate news event later today. We expect a large increase in volatility on the these instruments following the event release at 2023-05-05 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 US Unemployment Rate|
|EURUSD||28-48 pips||53-88 pips (84.47%)|
|NZDUSD||23-38 pips||55-92 pips (139.05%)|
|USDCAD||34-58 pips||78-125 pips (116.14%)|
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