Volatility warning for 11 Dec 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 11 Dec 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
AUDUSD 21-34 pips 24-42 pips (21.36%)
EURUSD 26-45 pips 26-42 pips (-7.23%)
NZDUSD 21-32 pips 22-35 pips (7.70%)
USDCAD 24-40 pips 22-33 pips (-17.22%)
USDCHF 23-39 pips 24-38 pips (-3.06%)

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