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. See our updated Privacy Policy here.



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
  • The continuity seen across these volatility cycles is a good thing. Historical precedence offer a blueprint for identifying conditions supportive for a vol-event to occur, and how they may unfold. Deepen your knowledge of historical volatility here:
  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.19% 🇦🇺AUD: 0.06% 🇨🇦CAD: 0.04% 🇬🇧GBP: -0.04% 🇪🇺EUR: -0.05% 🇨🇭CHF: -0.07% View the performance of all markets via
  • IG Client Sentiment Update: Our data shows the vast majority of traders in USD/CHF are long at 75.86%, while traders in France 40 are at opposite extremes with 82.70%. See the summary chart below and full details and charts on DailyFX:
  • Dow Jones Retreats Ahead of FOMC, Nikkei 225 and ASX 200 Open Lower
  • 🇦🇺 Westpac Leading Index MoM (MAY) Actual: -0.06% Previous: 0.19%
  • MSCI #EmergingMarkets Index (EEM), which is heavily weighed in Chinese stocks, has been struggling to breach the 54.97 - 55.34 inflection zone A hawkish #Fed (especially amid ebbing #PBOC liquidity measures), could risk weighing the index Breach under 20-day SMA exposes MAR low
  • Knowing how to accurately value a stock enables traders to identify and take advantage of opportunities in the stock market. Find out the difference between a stock's market and intrinsic value, and the importance of the two here:
  • Natural gas spot prices have been on the rise, recapturing a key trendline, following the EIA’s Short-Term Energy Outlook. Where can prices head from here? Find out from @FxWestwater here:
  • Heads Up:🇦🇺 Westpac Leading Index MoM (MAY) due at 01:00 GMT (15min) Previous: 0.2%
  • 🇯🇵 Balance of Trade (MAY) Actual: ¥-187.1B Expected: ¥-91.2B Previous: ¥253.1B
USD Unmoved Following Robust August TIC Data

USD Unmoved Following Robust August TIC Data

Peter Hanks, Strategist

Talking Points:

  • Total net TIC flows read in at $108.2 billion versus $52.2b in July and the expected $60.3b
  • Long-term net TIC flows totaled $131.8 billion versus July’s $74.8b, a significant increase
  • The two largest foreign holders of US debt marginally reduced their holdings

The US Dollar traded sideways Tuesday afternoon following the release of Treasury International Capital (TIC) flows for August. TIC data tracks the total flow of stocks, bonds and money market funds to and from the United States and is presented as total flows and long-term flows. Total net flows totaled $108.2 billion while long-term net flows totaled $131.8 billion. Compared to July’s TIC flows and in other recent months, August’s data suggests demand for US exposure remains robust. Still, there some notable parties reduced their holdings.

China and Japan, the two largest foreign holders, again reduced their exposure in August. China minorly reduced their exposure by $5.9 billion to $1.165 trillion. Despite three consecutive months of reduced exposure, the negligible outflows fall short of providing sufficient evidence to suggest that China is enacting the sale of US debt as a trade war tool. Should the outflows continue or increase in size, the threat of retaliation in this form may rise.

Catch up on the history economic conflicts with A Brief History of Trade Wars.

The second largest holder, Japan, also reduced their holdings. August saw Japan's long-term security exposure fall from $1.036 trillion in July to $1.03 trillion. Again, the flows are largely within range and were counteracted by increased holdings from Brazil, Saudi Arabia, and Ireland. Further, net long-term purchases from foreign residents totaled $77.1 billion in August.

DXY Price Chart 5-Minute, October 16th

USD Unmoved Following Robust August TIC Data

Leading up to the release, the Dollar basket was mounting a climb above 95.00 after suffering losses last week in tandem with the equity rout. The data had no immediate impact on the Dollar as it crossed the wires, but will likely impact sentiment for treasury demand and offer insight into the US-China trade war.

DXY Price Chart 30-Minute, October

USD Unmoved Following Robust August TIC Data

Consult our Economic Calendar for other important events and data releases due this week.

Another important commentary on the USD and US economy is due tomorrow in the Fed’s September minutes. The Fed’s remarks regarding inflation could add further volatility to either the Dollar or equities, which staged a stellar rebound on Tuesday as the Dow added 547 points.

--Written by Peter Hanks, Junior Analyst for

Contact and follow Peter on Twitter @PeterHanksFX

Other Top Stories:

NZD Firms on Inflation Jump, Strong Wages Buoy GBP - US Market Open – By Justin McQueen, Analyst

US Dollar Erases Gains as Italy Secures Budget Deal, Brexit News Looms – By Christopher Vecchio, Senior Currency Strategist

S&P 500, Dow Rebound as Q3 Earnings Season Kicks off with Banks – By Peter Hanks, Junior Analyst

DailyFX forecasts on a variety of currencies such as the US Dollar or the Euro are available from the DailyFX Trading Guides page. If you’re looking to improve your trading approach, check out Traits of Successful Traders. And if you’re looking for an introductory primer to the Forex market, check out our New to FX Guide.

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