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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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