Consider closing some positions today

Be very careful of upcoming volatility because of United States Non Farm Payrolls news event later today. We expect a large increase in volatility on the these instruments following the event release at 04 Jan 13:30 GMT:

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 Non Farm Payrolls
EURUSD	30-51 pips	102-179 pips (249.92%)
USDCAD	40-69 pips	100-147 pips (113.46%)
USDCHF	26-44 pips	90-155 pips (245.11%)
USDJPY	27-46 pips	103-147 pips (213.12%)

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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