Volatility warning for 20 Dec 00:30

Due to the Australia Unemployment Rate news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 20 Dec 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
EURUSD 14-24 pips 21-37 pips (54.36%)
GBPUSD 16-26 pips 21-30 pips (15.73%)
USDCAD 14-23 pips 24-39 pips (68.44%)
USDCHF 11-19 pips 15-24 pips (28.15%)
USDJPY 21-38 pips 28-55 pips (44.72%)

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