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 2022-12-15 00:30:
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 | 21-34 pips (16.52%) |
AUDUSD | 17-29 pips | 30-49 pips (64.12%) |