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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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