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USDJPY holds 158.344, near the top of a 22.4 pip New York range

FOMC Meeting Minutes at 18:00 UTC is the next high-impact release on the calendar

USDJPY · New York session · Published Oct 7, 2026, 1:35 PM

USDJPY last traded at 158.344, inside a New York session that has run 22.4 pips between 158.178 and 158.402. The nearest level above is the previous session high at 158.399, 5.5 pips away, and the nearest below is the prior day high at 158.248, 9.6 pips away. Further out sit the prior week high at 158.456 above and the round number at 158.000 below.

London closed at 158.198 after a 54.8 pip range between 157.850 and 158.399. The prior trading day covered 47.8 pips, and an ordinary day over the last 14 covers 117.8 pips. The latest day sits at the 12th percentile of the last 42 days we hold, which the volatility source calls a calm day for this market.

Eight scheduled releases of impact 2 or 3 fall in the next 24 hours, and our calendar covers up to 2026-11-06 00:00 UTC. The FOMC Meeting Minutes at 18:00 UTC is graded impact 3 of 3, and past fomc_usd releases moved USDJPY 12.38 pips on average in the first 15 minutes and 20.81 in the first 60, in either direction. The 10-Year Note Auction also falls at 17:00 UTC, where past auction_usd releases moved USDJPY 5.84 pips on average in the first 15 minutes.

Large speculators are net long 55440 contracts, a change of -16542 on the week, the 8th percentile of the last 52 weekly reports. The most recent headline graded for USDJPY came at 12:30 UTC from FXStreet, graded impact 2 of 3.

Session brief

  1. USDJPY, New York sessionOpen 158.198, high 158.402, low 158.178, close 158.344: a range of 22.4 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, London sessionOpen 158.306, high 158.399, low 157.850, close 158.198: a range of 54.8 pips over 300 minutes, from our own one-minute candles.
  4. USDJPY, previous trading dayHigh 158.248, low 157.770, close 158.096 on 2026-10-06, a range of 47.8 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 117.8 pips. The latest day sits at the 12th percentile of the last 42 days we hold, which is a calm day for this market. Measured on our own candles.
  6. Economic calendar for USD and JPY8 scheduled releases of impact 2 or 3 in the 24 hours to 2026-10-08 13:35 UTC. Our calendar covers up to 2026-11-06 00:00 UTC.
  7. USD FOMC Meeting MinutesScheduled 2026-10-07 18:00 UTC, impact 3 of 3. From Forex Factory.
  8. USDJPY reaction to fomc_usdOver 117 past releases USDJPY moved 12.38 pips on average in the first 15 minutes and 20.81 in the first 60, in either direction. Measured on our own one-minute candles.
  9. USD 10-Year Note AuctionScheduled 2026-10-07 17:00 UTC, impact 3 of 3. Previous 4.834%. From MQL5 Economic Calendar.
  10. USDJPY reaction to auction_usdOver 422 past releases USDJPY moved 5.84 pips on average in the first 15 minutes and 10.37 in the first 60, in either direction. Measured on our own one-minute candles.
  11. CFTC Commitments of Traders, 097741Large speculators are net long 55440 contracts, a change of -16542 on the week. That is the 8th percentile of the last 52 weekly reports.
  12. US Dollar: Assessing NFP release reliability – Standard CharteredFXStreet. 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.