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USDJPY holds near 157.077 after a 54.2 pip London range

US Unemployment Claims are due at 12:30 UTC, the next release on the calendar

USDJPY · London session · Published Oct 22, 2026, 8:30 AM

USDJPY last traded at 157.077, near the London session open of 157.076 and inside a session range of 54.2 pips between 156.824 and 157.366. The nearest levels below are the previous session low at 157.040, 3.7 pips away, and the round number at 157.000, 7.7 pips away; above sit the prior day low at 157.839, 76.2 pips up, and the round number at 158.000, 92.3 pips up.

The Asia session ran 121.3 pips between 157.040 and 158.252 and closed at 157.076, while the prior trading day covered 55.3 pips. An ordinary day of the last 14 covers 77.7 pips, and the latest day sits at the 9th percentile of the last 43 days we hold, which the volatility source calls a calm day for this market.

US Unemployment Claims at 12:30 UTC carry impact 3 of 3, with a forecast of 200K against a previous 199K. Over 97 past releases of that family, USDJPY moved 14.96 pips on average in the first 15 minutes and 19.45 in the first 60, in either direction. JPY National Core CPI y/y follows at 23:30 UTC, forecast 2.1% against a previous 1.7%.

Large speculators are net long 50207 contracts, a change of -12118 on the week and the 14th percentile of the last 52 weekly reports. Among the headlines graded for USDJPY, FXStreet reported the Japanese Yen barely moving as a Bank of Japan deputy talked up inflation risk, published at 23:00 UTC and graded impact 2 of 3.

Session brief

  1. USDJPY, London sessionOpen 157.076, high 157.366, low 156.824, close 157.077: a range of 54.2 pips over 91 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 158.100, high 158.252, low 157.040, close 157.076: a range of 121.3 pips over 595 minutes, from our own one-minute candles.
  4. USDJPY daily rangeAn ordinary day of the last 14 covers 77.7 pips. The latest day sits at the 9th percentile of the last 43 days we hold, which is a calm day for this market. Measured on our own candles.
  5. USD Unemployment ClaimsScheduled 2026-10-22 12:30 UTC, impact 3 of 3. Forecast 200K. Previous 199K. From Forex Factory.
  6. USDJPY reaction to jobless_claims_usdOver 97 past releases USDJPY moved 14.96 pips on average in the first 15 minutes and 19.45 in the first 60, in either direction. Measured on our own one-minute candles.
  7. JPY National Core CPI y/yScheduled 2026-10-22 23:30 UTC, impact 2 of 3. Forecast 2.1%. Previous 1.7%. From Forex Factory.
  8. CFTC Commitments of Traders, 097741Large speculators are net long 50207 contracts, a change of -12118 on the week. That is the 14th percentile of the last 52 weekly reports.
  9. The Japanese Yen barely moves as a Bank of Japan deputy talks up inflation riskFXStreet. Graded impact 2 of 3 for USDJPY by our headline classifier.

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.