Forex News. Net Long Term TIC Data comes in at up 80 Billion
Posted by Greg Michalowski on Thu, 05/15/2008 - 8:04am in

The net long term flows showed a higher gain than expectation. This is the highest inflow in 5 months. However, if including the short term securities such as Treasury bills there was a new outflow of 48.2 billlion. So the number seems a bit mixed with a little for everyone.
The thing about this number is it is for March. So it tells you the net flows that occurred back then. With the moves we have been getting as a result of economic news in the US and abroad the news is old and should not have a measurable impact.
Reply





