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.

0

Notifications

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

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Mixed
Oil - US Crude
Bearish
Low
High
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
Wall Street
Bearish
Low
High
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
Gold
Bullish
GBP/USD
Mixed
Low
High
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
USD/JPY
Bearish
More View more
Real Time News
  • Italian PM Conte won support for his government in the Chamber of Deputies 321 to 259. He will face a more difficult vote in the Senate tomorrow
  • Forex Update: As of 21:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.17% 🇨🇭CHF: 0.05% 🇪🇺EUR: 0.01% 🇨🇦CAD: -0.18% 🇳🇿NZD: -0.26% 🇦🇺AUD: -0.30% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/L7qJIoIuXY
  • 🇳🇿 Electronic Retail Card Spending MoM (DEC) Actual: 19.2% Previous: 0.1% https://www.dailyfx.com/economic-calendar#2021-01-18
  • President-Elect Joe Biden's Treasury Secretary nominee Janet Yellen (former Fed Chairwoman) is due to before the Senate Finance Committee tomorrow at 15:00 GMT (or 10:00 EST)
  • 🇳🇿 Electronic Retail Card Spending YoY (DEC) Actual: 3.5% Previous: 1.4% https://www.dailyfx.com/economic-calendar#2021-01-18
  • Commodities Update: As of 21:00, these are your best and worst performers based on the London trading schedule: Silver: 0.79% Gold: 0.49% Oil - US Crude: -0.57% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/bTtIH1q2ja
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in NZD/USD are at opposite extremes with 67.03%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/wmO5VkczyC
  • Heads Up:🇳🇿 Electronic Retail Card Spending MoM (DEC) due at 21:45 GMT (15min) Previous: 0.1% https://www.dailyfx.com/economic-calendar#2021-01-18
  • Heads Up:🇳🇿 Electronic Retail Card Spending YoY (DEC) due at 21:45 GMT (15min) Previous: 1.4% https://www.dailyfx.com/economic-calendar#2021-01-18
  • Greed is a natural human emotion that affects individuals to varying degrees. Unfortunately, when viewed in the context of trading, greed has proven to be a hindrance more often than it has assisted traders. Learn how to control greed in trading here: https://t.co/kODPAfJE79 https://t.co/eqBimjEp0E
Net Long-term TIC Falls to $10.1B in February; USD Pares Gain

Net Long-term TIC Falls to $10.1B in February; USD Pares Gain

Trang Nguyen,

THE TAKEAWAY:U.S Net Long-term TIC Flows were $10.1 in February> International Demand for U.S. Financial Assets Slowed > USD Pares Gain

The U.S. Net Long-term International Capital (TIC) Flows unexpectedly decelerated in February, suggesting that international investors have curbed their demand for U.S. financial assets on optimistic signs in Eurozone.

Taking into account transactions in both foreign and U.S. securities, the net long-term TIC flows registered a rise of $10.1 billion in February compared to a upwardly revised gain of $102.4 billion in the previous month. Meanwhile, economists anticipated the reading of $42.5 billion. Inflows of long-term fund toward U.S. assets in the month was not to the same magnitude seen in January as the European debt crisis showed signs of easing that reduce U.S. assets’ attractions to foreign investors.

In sum, the net foreign acquisition of long-term securities, change in foreign holdings of short-term U.S. Treasuries and banking flows totaled $107.7 billion in February, U.S. Department of Treasury reported today. Of this, net foreign private inflows were $86.9 billion and net foreign official flows were $20.8 billion. The print was more than triple consensus forecast of $107.7 billion from the Bloomberg News survey. January net purchases were downwardly revised to $3.1 billion from $18.8 billion initially reported.

EURUSD 1-minute Chart: April16, 2012

041612_US_Net_Long-term_TIC_Flows_February__body_Picture_1.png, Net Long-term TIC Falls to $10.1B in February; USD Pares Gain

Chart created using Strategy Trader – Prepared by Trang Nguyen

U.S. dollar gains ground versus most of its major peer except its Japanese trading partner in early North American trading session today. However, the greenback trims gain following the U.S. net TIC Flows report. The TIC flows are seen by most participants as the Government resource for offsetting the current trade deficit. The lower-than-expected net long-term TIC figures today shortly sent the reserve currency lower than major currencies. As seen from the 1-minute chart EURUSD chart above, the single currency climbed approximately 20 pips from 1.0340 to 1.0360 after the report.

--- Written by Trang Nguyen, DailyFX Research Team for DailyFX.com

To contact Trang, email tnguyen@dailyfx.com

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

DISCLOSURES