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 2023-06-02 22:30. These are the instruments that may 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 |
|---|---|---|
| HO | 2-5 pips | 3-7 pips (45.99%) |
| BZ | 73-137 pips | 111-191 pips (38.90%) |
| RB | 2-4 pips | 3-5 pips (30.28%) |
| SI | 25-44 pips | 52-95 pips (112.36%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).