Volatility alert for 21 Jan 09:30

Due to the United Kingdom Unemployment Rate news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 21 Jan 09:30:

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 GB Unemployment Rate
USDJPY 20-35 pips 23-39 pips (13.28%)
USDCAD 24-40 pips 21-32 pips (-18.45%)
NZDUSD 19-30 pips 22-33 pips (9.67%)
AUDUSD 20-33 pips 26-44 pips (31.73%)
USDCHF 23-38 pips 25-39 pips (1.69%)
EURUSD 26-44 pips 27-47 pips (5.15%)
GBPUSD 39-68 pips 68-102 pips (50.03%)