Canada is releasing its Employment Change news event later today, and because of this we are expecting a large increase in volatility following the event release at 2022-07-08 12:30. These are the instruments that may be affected:
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 | 23-37 pips | 32-41 pips (10.69%) |
| EURUSD | 26-45 pips | 44-51 pips (15.04%) |
| NZDUSD | 21-35 pips | 38-61 pips (75.42%) |
| USDJPY | 23-41 pips | 41-52 pips (28.98%) |
| USDCAD | 31-53 pips | 73-117 pips (121.38%) |