Due to the Canada Employment Change news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 2023-01-06 13:30:
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 CA Employment Change |
|---|---|---|
| USDCHF | 25-42 pips | 32-52 pips (24.11%) |
| AUDUSD | 24-40 pips | 36-59 pips (46.66%) |
| EURUSD | 28-48 pips | 44-75 pips (56.71%) |
| NZDUSD | 23-37 pips | 38-61 pips (62.89%) |
| USDJPY | 27-49 pips | 41-73 pips (48.98%) |