USD/JPY: 20-day volatility 0.245% daily (2nd pct)

On 2026-07-13, USD/JPY closed at 161.878, down 0.30% on the day. It trades at 94.4% of its 52-week range. Its RSI(14) of 57.20 is in the 68th percentile of its history since 1996, and its 20-day return of +1.20% in the 66th percentile. Leveraged-money positioning is net -22.6% of open interest, in the 25th percentile of its own two-year range. Its 20/50/200-day moving averages are 161.686 / 160.019 / 157.084, with price +0.12% / +1.16% / +3.05% against them. Its 52-week range is 145.856–162.836; it closed 0.59% below the high and 10.98% above the low. Its 20-day volatility is 0.245% daily, in the 2nd percentile of its history since 1996. Its 14-day average true range (ATR) is 0.749 (74.9 pips), 0.46% of price. It has returned +0.26% over 5 days and +1.71% over 60 days.

=== USD/JPY  (pip 0.01) ===
  >> close 161.878  -0.299%   · 20d vol 0.245% daily (2nd pct, since 1996 (7671 obs))
     cross-signal: flow signals split — 20d return up / daily % down
  price & change   (as of 2026-07-13, prior 2026-07-10)
    close       161.878
    change      -0.485  (-0.299%, -48.5 pips)
    gap         -0.477  (-47.7 pips)  (cross-session move on continuous FX; not a feed gap)
  range            (as of 2026-07-13)
    range       0.507  (50.7 pips)  (H−L unaffected by the out-of-range close; only close-position is)
    close pos   n/a (close 0.8 pips below low — async-close artifact)
  moving averages  (as of 2026-07-13)
     20d MA     161.686   price above by +0.12%
     50d MA     160.019   price above by +1.16%
    200d MA     157.084   price above by +3.05%
    price > all MAs
    stack: 20d > 50d > 200d
  volatility       (as of 2026-07-13)
    20d stdev   0.245% daily ≈ 3.9% annualized (×√252)   (2nd pct of own history, since 1996 (7671 obs))
    vs easing-2024 avg  0.41× (0.245% vs 0.594% era avg)
  ATR              (as of 2026-07-13)
    ATR(14)    0.749  (74.9 pips)
    ATR%        0.46%   (2nd pct of own history, since 1996 (7677 obs))
    range/ATR   67.7%
  52-week range    (as of 2026-07-13)
    high        162.836   (-0.59% from high)
    low         145.856   (+10.98% from low)
  momentum         (as of 2026-07-13)
    RSI(14)     57.20   (68th pct of own history, since 1996 (7677 obs))
  returns          (as of 2026-07-13)
     5d return  +0.26%
    20d return  +1.20%
    60d return  +1.71%
  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      0.5945%
  positioning      (as of 2026-07-07)
    next COT     as of 2026-07-14 (released ~that Fri, later if a holiday intervenes)
    net         -90,083 contracts (net short JPY; = long USD in USD/JPY terms)
    net % OI    -22.6%
    net%OI range -33.5% … +10.5% (own 132w)
    w/w change  +25,317
  cross-asset corr (26w weekly returns; async daily closes cap the magnitude)  (as of 2026-07-13)
    vs DXY      +0.53
    vs S&P 500  -0.09
    vs DXY beta +0.75 (26w)