USD/JPY: 20-day volatility 0.229% daily (1st pct)

On 2026-07-06, USD/JPY closed at 161.452, unchanged on the day. It trades at 91.8% of its 52-week range. Its RSI(14) of 57.55 is in the 69th percentile of its history since 1996, and its 20-day return of +0.70% in the 59th percentile. Leveraged-money positioning is net -26.3% of open interest, in the 16th percentile of its own two-year range.

=== USD/JPY  (pip 0.01) ===
  >> close 161.452  +0.002%   · 20d vol 0.229% daily (1st pct, since 1996 (7666 obs))
     cross-signal: signals align USD/JPY up: positioning net%OI, 20d return
  price & change   (as of 2026-07-06, prior 2026-07-03)
    close       161.452
    change      +0.003  (+0.002%, +0.3 pips)
    gap         +0.038  (+3.8 pips)  (cross-session move on continuous FX; not a feed gap)
  range            (as of 2026-07-06)
    range       0.959  (95.9 pips)
    close pos   n/a (close 1.3 pips below low — async-close artifact)
  moving averages  (as of 2026-07-06)
     20d MA     161.183   price above by +0.17%
     50d MA     159.652   price above by +1.13%
    200d MA     156.742   price above by +3.00%
    price > all MAs
    stack: 20d > 50d > 200d
  volatility       (as of 2026-07-06)
    20d stdev   0.229% daily   (1st pct of own history)
    vs easing-2024 avg  0.38× (0.229% vs 0.596% era avg)
  ATR              (as of 2026-07-06)
    ATR(14)    0.778  (77.8 pips)
    ATR%        0.48%   (2nd pct of own history)
    range/ATR   123.3%
  52-week range    (as of 2026-07-06)
    high        162.836   (-0.85% from high)
    low         145.856   (+10.69% from low)
  momentum         (as of 2026-07-06)
    RSI(14)     57.55   (69th pct of own history)
  returns          (as of 2026-07-06)
     5d return  -0.21%
    20d return  +0.70%
    60d return  +1.11%
  volatility by rate-era
    pre-crisis       0.8804%   (from 1996-10-30)
    ZIRP-2009        0.6396%
    tightening-2015  0.5829%
    ZIRP-2019        0.4159%
    tightening-2022  0.6795%
    easing-2024      0.5964%
  positioning      (as of 2026-06-30)
    next COT     as of 2026-07-07 (released ~that Fri, later if a holiday intervenes)
    net         -115,400 contracts (net short JPY; = long USD in USD/JPY terms)
    net % OI    -26.3%
    net%OI range -33.5% … +10.5% (own 131w)
    w/w change  -18,308
  cross-asset corr (26w weekly returns; async daily closes cap the magnitude)  (as of 2026-07-06)
    vs DXY      +0.56
    vs S&P 500  -0.11
    vs DXY beta +0.78 (26w)