Net purchases by private foreign investors were $93.3 billion, and net purchases by foreign official institutions were $17.5 billion. U.S. residents purchased a net $27.8 billion of long-term foreign securities. Foreign holdings of short term US-denominated assets increased $1.5 billion, while foreign holdings of treasury bills decreased $3.6 billion.

The TIC Flows are released by the US Department of Treasury. The TIC, or Treasury International Capital, is a US government database which registers all major capital flows in and out of the United States with the exception of foreign direct investment (FDI). TIC data is sent to the Bureau of Economic Analysis and used for the Trade Balance data release. The TIC flows has become a major event in the market, as it is viewed as a measure of foreign demand for the USD and USD-denominated assets. Generally speaking, a high reading is bullish for the USD, while a low reading is bearish

The pair stands right below a strong resistance area at 0.8600/700 according to the Kshitij Consultancy Services Team: ” The pair is near a strong Resistance region of 0.8600-700 and we will need to wait and watch if the pair breaks or honours this Resistance in the coming sessions over today and tomorrow.”

In case of failure, Aussie could pull back towards 0.8400 says the Kshitij Consultancy Services Team: ” While below 0.8600 it

The upside was capped at that level, and EUR/GBP has adverse its intraday bias, now annex south. The brace has abandoned about 20 pips in the aftermost brace of hours although it holds aloft its breach price. Currently EUR/GBP is trading at 0.8340.

The Pound is additionally abatement anterior losses abut the Yen. GBP/JPY began the activity over 70 pips academy than its aftermost abutting and ancient slipped bottomward attempting to abounding the gap, but the brace bounced from lows and currently is trading at the 134.20 zone, 0.23% aloft its breach price