Volatility warning for 30 Nov 10:00

Due to the Euro Area Unemployment Rate news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 30 Nov 10:00:

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 EMU Unemployment Rate
AUDUSD 19-29 pips 19-29 pips (-1.64%)
GBPUSD 33-55 pips 33-56 pips (1.99%)
NZDUSD 18-28 pips 19-28 pips (-2.80%)
USDCAD 23-37 pips 23-38 pips (2.36%)
USDCHF 22-36 pips 28-46 pips (29.60%)
USDJPY 19-33 pips 21-37 pips (12.84%)

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

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