Be very careful of upcoming volatility because of Canada Employment Change news event later today. We expect a large increase in volatility on the these instruments following the event release at 2023-02-10 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 (24.18%) |
| EURUSD | 28-48 pips | 44-75 pips (56.55%) |
| AUDUSD | 24-40 pips | 38-63 pips (55.23%) |
| USDJPY | 27-50 pips | 41-73 pips (43.85%) |
| NZDUSD | 23-38 pips | 40-66 pips (73.07%) |