USD/JPY Desk — Rate Differential & Intervention Monitor

USD/JPY —

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Open—

Prev close—

Day range—

52w range—

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Fed − BoJ

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Fed funds (upper)—

BoJ call rate—

Real spread—

Carry pips/day—

Carry pips/yr—

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today's high–low range

ATR(14) pips—

RV 20d ann.—

RV 60d ann.—

vs ATR(14)—

20d vs 60d RV—

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—/ 100

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Intervention resistance ladder

MoF-defended levels vs. spot. Distance shown in pips.

ExtremeHigh MediumSpot

Pearson correlation of daily returns. Positive = yen weakens as fear rises (carry-on); negative = classic risk-off yen bid.

ρ vs VIX—

ρ vs S&P 500—

5-day Δ—

MoF / BoJ jawboning through 2026, with the level it landed at.

Confirmed and suspected MoF operations since 2022.