News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
Wall Street
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Crude oil prices are underpinned by an unexpected fall in US crude inventories, as well as a softening US Dollar. The API reported a substantial 5.27-million-barrel draw in crude inventories, far larger than the baseline forecast of a 0.43-million-barrel rise.
  • Commodities Update: As of 03:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.41% Gold: -0.19% Silver: -0.51% View the performance of all markets via
  • (Sentiment Weekly) Canadian Dollar, Crude Oil Forecast: Will USD/CAD, WTI Fall as Long Bets Rise? (plus recording of today's webinar on IG Client Sentiment within the article below)
  • Forex Update: As of 03:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: 0.01% 🇬🇧GBP: -0.02% 🇪🇺EUR: -0.03% 🇦🇺AUD: -0.14% 🇳🇿NZD: -0.14% 🇨🇦CAD: -0.16% View the performance of all markets via
  • Gold and silver prices may continue to rise in the coming months on the back of falling real rates of return and the prospect of additional fiscal support under a Biden administration. Get your market update from @DanielGMoss here:
  • China's Ministry of Industry and Information Technology releases measures aimed at accelerating the reduction of steel output - BBG
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in Germany 30 are at opposite extremes with 70.47%. See the summary chart below and full details and charts on DailyFX:
  • Will the Swiss Franc find reprieve after recent losses against the Canadian and New Zealand Dollars as NZD/CHF and CAD/CHF uptrends face key chart barriers? Find out from @FxWestwater here:
  • US daily Covid-19 new cases have fallen to 133,913 on January 25th, marking the lowest reading since November 15th. The 7-day moving average of daily cases has also been declining with the rollout of coronavirus vaccines.
  • Apple, Facebook, Tesla advanced in afterhours trade before their earnings release on Wednesday. Here are the EPS forecasts: - Apple: EPS $1.43 (+13.6% YoY) - Facebook: EPS $3.54 (+38.2% YoY) - Tesla: EPS $1.01 (+505.7% YoY)
USD/JPY Spiked After Bank of Japan Adopted Negative Interest Rates

USD/JPY Spiked After Bank of Japan Adopted Negative Interest Rates

Bradley A. Kearns,

Talking Points:

  • Yen plummeted against US Dollar after the BoJ cut interest rates to -0.1%
  • Bo J delayed the timing of 2% CPI target to first half of 2017 fiscal year
  • Price action quickly reversed, hinting at markets’ lack of conviction in the policy vote

See how retail traders are positioned in the Yen with the DailyFX SSI.

The Yen fell and then quickly rallied against the US Dollar after the Bank of Japan took several accommodative measures in its January policy vote. The central bank implemented the following actions:

  • Adopted negative interest rates of 0.1 percent, to be applied from February 16th
  • Delayed the timing for reaching the 2 percent inflation target to first half of 2017 fiscal year
  • Created a three-tier system for current accounts; tiers include positive, zero and negative rates

These dovish policy changes weighed on the Yen in the beginning. Soon after, price action quickly reversed, hinting at traders’ lack of conviction in the Bank of Japan’s rate decision.

The BoJ’s commentary after the announcement noted that the central bank will cut interest rates further into negative territory if need be. It also expressed concern that the Japanese economy has exposure to international risk.

Although the Bank of Japan altered several of its policies, it chose to leave the annual rise in the monetary base unchanged at ¥80 trillion.

BoJ Rate Decision

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.