Volatility alert for 2023-05-18 01:30

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Unemployment Rate

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 2023-05-18 01:30:

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
NZDUSD 18-29 pips 21-33 pips (12.22%)
USDCAD 15-26 pips 18-29 pips (11.94%)
AUDUSD 17-30 pips 30-49 pips (59.87%)

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