Volatility warning for 29 Nov 23:30

Due to the Japan Unemployment Rate news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 29 Nov 23:30:

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 JP Unemployment Rate
GBPUSD 14-24 pips 16-26 pips (7.98%)
NZDUSD 17-28 pips 17-27 pips (-4.24%)
USDCAD 14-23 pips 14-22 pips (-4.09%)
USDCHF 11-18 pips 12-20 pips (10.20%)
USDJPY 16-30 pips 19-34 pips (12.56%)

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

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