USD/JPY: 20-day volatility 0.240% daily (2nd pct)

On 2026-07-07, USD/JPY closed at 162.088, up 0.39% on the day. It trades at 95.6% of its 52-week range. Its RSI(14) of 64.01 is in the 85th percentile of its history since 1996, and its 20-day return of +1.19% in the 66th 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 162.088  +0.394%   · 20d vol 0.240% daily (2nd pct, since 1996 (7667 obs))
     cross-signal: flow signals align USD/JPY up: daily %, 20d return
  price & change   (as of 2026-07-07, prior 2026-07-06)
    close       162.088
    change      +0.636  (+0.394%, +63.6 pips)
    gap         +0.643  (+64.3 pips)  (cross-session move on continuous FX; not a feed gap)
  range            (as of 2026-07-07)
    range       0.485  (48.5 pips)
    close pos   82.5% of range
  moving averages  (as of 2026-07-07)
     20d MA     161.278   price above by +0.50%
     50d MA     159.707   price above by +1.49%
    200d MA     156.803   price above by +3.37%
    price > all MAs
    stack: 20d > 50d > 200d
  volatility       (as of 2026-07-07)
    20d stdev   0.240% daily ≈ 3.8% annualized (×√252)   (2nd pct of own history, since 1996 (7667 obs))
    vs easing-2024 avg  0.40× (0.240% vs 0.596% era avg)
  ATR              (as of 2026-07-07)
    ATR(14)    0.774  (77.4 pips)
    ATR%        0.48%   (2nd pct of own history, since 1996 (7673 obs))
    range/ATR   62.7%
  52-week range    (as of 2026-07-07)
    high        162.836   (-0.46% from high)
    low         145.856   (+11.13% from low)
  momentum         (as of 2026-07-07)
    RSI(14)     64.01   (85th pct of own history, since 1996 (7673 obs))
  returns          (as of 2026-07-07)
     5d return  +0.10%
    20d return  +1.19%
    60d return  +1.81%
  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      0.5961%
  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 2026-07-07)
    vs DXY      +0.54
    vs S&P 500  -0.11
    vs DXY beta +0.76 (26w)