Be very careful of upcoming volatility because of United States Unemployment Rate news event later today. We expect a large increase in volatility on the these instruments following the event release at 06 Nov 13:30 UTC:
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 |
|---|---|---|
| GBPUSD | 34-57 pips | 68-116 pips (102.67%) |
| AUDUSD | 19-32 pips | 47-79 pips (144.19%) |
| USDCHF | 21-33 pips | 53-85 pips (153.71%) |
| USDJPY | 22-39 pips | 63-111 pips (178.31%) |
| EURUSD | 23-40 pips | 60-94 pips (135.15%) |
| NZDUSD | 19-30 pips | 55-94 pips (213.44%) |
| USDCAD | 32-54 pips | 87-142 pips (162.55%) |