Volatility alert for 04 Mar 13:30

Due to the United States Unemployment Rate news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 04 Mar 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 US Unemployment Rate
USDCHF 22-36 pips 35-46 pips (27.52%)
USDJPY 21-35 pips 42-52 pips (47.35%)
NZDUSD 21-34 pips 39-56 pips (65.64%)
EURUSD 26-44 pips 46-52 pips (15.55%)
AUDUSD 21-35 pips 38-54 pips (51.44%)
USDCAD 32-56 pips 75-117 pips (109.72%)