ECB fixing of 2026-10-01

CHF/JPY volatility

CHF/JPY is moving about 96 pips a day, close to close, which is normal for this pair: higher than 70% of the past three years.

Realized vol (20d)8.1%annualized

Typical daily move96 pips0.51% of price

RegimeNormal70th percentile, 3 years

ECB fixing189.1382026-10-01

Realized volatility over each following week, annualized, from ECB reference rates.

A stop at 1.5 times the typical daily move would be about 144 pips. Size a trade with that stop in the position size calculator.

Method and limits

Prices are the European Central Bank's euro reference rates, one fixing a business day around 14:10 CET. Crosses are derived through the euro. Volatility estimates and regimes are calculated by FXPM Labs.
Realized volatility is the root mean square of daily log returns over 20 fixings, annualized with 252 trading days. The typical daily move is the same figure before annualizing.
The regime compares today's 20-day figure with the past three years: below the 25th percentile is low, above the 75th is high and above the 95th is extreme.
One fixing a day measures close-to-close moves. Intraday ranges are wider, and fixing-to-fixing data misses moves that reverse within the day.
Volatility describes how much a price moves, not which way. Nothing here is a trading recommendation.

Source: European Central Bank euro foreign exchange reference rates; volatility estimates derived by FXPM Labs. Data as of 2026-10-01.

How many pips does CHF/JPY move a day?

Over the last 20 ECB fixings its typical daily move was about 96 pips (0.51%), measured close to close. Intraday ranges are wider.

Is CHF/JPY volatility high right now?

It is in the normal regime: the current 20-day figure is above 70% of readings from the past three years.