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US: TIC long-term flows -$37.3 billion

FXstreet.com (Córdoba) - US net long-term securities transactions totaled -$37.3 billion in April compared with -$13.4 billion in March, according to new data from the US Treasury.

The sum total in April of all net foreign acquisitions of long-term securities, short-term US securities, and banking flows was a monthly net TIC inflow of $12.7 billion, up from $2.1 billion in March.

Flash: NZD/USD targets year-end of 0.8300 – BNZ

According to the BNZ Research Team, “Our momentum model shows negative momentum in the NZD and its trans-Tasman cousin remains intact.”
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