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Yesterday the Dollar depreciated against all its main currencies crosses. The greenback’s biggest drop was against the EUR, as the EUR/USD pair rose above the 1.4150 level. The Dollar also dropped against the Pound and the Yen as well.
The Treasury International Capital (TIC) published the Long-Term Purchases report
yesterday. This report measures the difference in value between foreign long-term
securities purchased by US citizens and U.S long-term securities purchased by
foreigners during May. The figures showed a negative balance of $19.8 billion. The
data also showed that China’s holding of U.S treasury securities topped …

written by Trading Teacher