fxmind
Try free

All briefs

USDJPY at 158.410, London range 21.5 pips

US CPI lands at 12:30 UTC, the next release graded 3 of 3 for USDJPY

USDJPY · London session · Published Oct 14, 2026, 8:35 AM

USDJPY last traded at 158.410, near the top of a London session that has run 21.5 pips between 158.208 and 158.424. The levels closest above are the previous session high at 158.517, 10.7 pips away, and the prior week high at 158.512, 10.2 pips away. Below sit the session open at 158.208, 20.2 pips down, and the previous session low at 158.114, 29.6 pips down.

Asia traded a 40.2 pip range between 158.114 and 158.517 and closed at 158.209. The prior trading day ran 85.5 pips from 157.830 to 158.686. An ordinary day over the last 14 covers 100.6 pips, and the latest day sits at the 36th percentile of the last 42 days we hold, which the volatility source calls an ordinary day for this market.

US CPI is scheduled for 12:30 UTC at impact 3 of 3, with CPI m/m forecast at 0.6% against a previous 0.4% and CPI y/y forecast at 3.6% against a previous 3.4%. Across 67 past cpi_usd releases, USDJPY moved 12.68 pips on average in the first 15 minutes and 18.21 pips in the first 60, in either direction. Fed Governor Bowman speaks at 09:40 UTC at impact 2 of 3.

Large speculators are net long 62325 contracts, a change of 6885 on the week, the 8th percentile of the last 52 weekly reports. The loudest headline for this instrument, graded impact 2 of 3, is from FXStreet at 08:30 UTC on US CPI expectations and the Fed rate outlook. A second FXStreet headline at 08:27 UTC describes the Yen extending its range play against the Dollar.

Session brief

  1. USDJPY, London sessionOpen 158.208, high 158.424, low 158.208, close 158.410: a range of 21.5 pips over 95 minutes, from our own one-minute candles.
  2. USDJPY reference levelsPrevious day and previous week high and low, the session open and the round numbers either side, measured on our own candles.
  3. USDJPY, Asia sessionOpen 158.359, high 158.517, low 158.114, close 158.209: a range of 40.2 pips over 595 minutes, from our own one-minute candles.
  4. USDJPY, previous trading dayHigh 158.686, low 157.830, close 158.332 on 2026-10-13, a range of 85.5 pips, from our own candles on the trading day that starts 17:00 New York.
  5. USDJPY daily rangeAn ordinary day of the last 14 covers 100.6 pips. The latest day sits at the 36th percentile of the last 42 days we hold, which is an ordinary day for this market. Measured on our own candles.
  6. USD CPI m/mScheduled 2026-10-14 12:30 UTC, impact 3 of 3. Forecast 0.6%. Previous 0.4%. From Forex Factory.
  7. USDJPY reaction to cpi_usdOver 67 past releases USDJPY moved 12.68 pips on average in the first 15 minutes and 18.21 in the first 60, in either direction. Measured on our own one-minute candles.
  8. USD Fed Governor Bowman SpeechScheduled 2026-10-14 09:40 UTC, impact 2 of 3. From MQL5 Economic Calendar.
  9. CFTC Commitments of Traders, 097741Large speculators are net long 62325 contracts, a change of 6885 on the week. That is the 8th percentile of the last 52 weekly reports.
  10. US CPI data expected to rise in September as markets reassess Fed rate outlookFXStreet. Graded impact 2 of 3 for USDJPY by our headline classifier.
  11. Japanese Yen extends range play vs USD; looks to US CPI report for some impetusFXStreet. Graded impact 2 of 3 for USDJPY by our headline classifier.
  12. USD CPIScheduled 2026-10-14 12:30 UTC, impact 3 of 3. Forecast 334.918. Previous 334.131. From MQL5 Economic Calendar.

Written once by FxMind's desk from our own market data, the same text every reader sees.

Context on the market, not a trade recommendation. The decision is the trader's.