Warning: Upcoming volatility at 20 Nov 06:30

France is releasing its Unemployment Rate news event later today, and because of this we are expecting a large increase in volatility following the event release at 20 Nov 06:30. 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 FR Unemployment Rate
AUDUSD 17-27 pips 20-28 pips (0.71%)
EURUSD 15-26 pips 23-38 pips (48.07%)
GBPUSD 18-29 pips 19-23 pips (-22.84%)
NZDUSD 16-24 pips 17-23 pips (-2.65%)
USDCAD 15-24 pips 15-19 pips (-21.53%)
USDCHF 14-24 pips 16-30 pips (23.07%)

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

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