Warning: Upcoming volatility at 07 Dec 13:30

United States is releasing its Non Farm Payrolls news event later today, and because of this we are expecting a large increase in volatility following the event release at 07 Dec 13:30. These are the instruments that will be affected:

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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