TIC Net Long-Term Transactions comes in at 232.7B against 91.6B consensus

TIC Net Long-Term Transactions for July 14, 2026 came in at 232.7B USD. This figure significantly exceeded the consensus estimate of 91.6B USD, representing a 154.0% surprise against expectations. The previous reading was 103.1B USD.

Following the release, market reactions after 15 minutes showed AUDUSD down 1.0 pips, EURUSD down 0.4 pips, GBPUSD up 0.2 pips, and NZDUSD down 0.2 pips. USDCAD was down 0.6 pips, USDCHF was up 0.6 pips, and USDJPY was up 1.5 pips. XAUUSD moved down 16 pips. These initial moves are generally small when compared to the typical median 1-hour moves for these pairs, which range from 2 to 5 pips for the major currency pairs and 10 pips for XAUUSD after past releases.