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US: Net Long-term TIC Flows fall against expectations in May

FXstreet.com (Barcelona) - US Net Long-term TIC Flows dropped to $-27.2 billion in May from $-21.8 billion in April, the US Department of Treasury informed on Tuesday. Market consensus pointed to a rise to $14.3 billion.

Total Net TIC Flows increased to $56.4 billion from $28.3 billion.

USD/JPY supported 99.40

USD/JPY has calved a path lower post an initial 20-pip spike after the release of US CPI.
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