Treasury International Capital data is notoriously difficult to decipher but there are a lot of big negative numbers in today’s report.
The net flow excluding swaps was an inflow of $15.3 bln, down from $90.2 bln last month.
Private flows were heavily negative at $131.3 bln flowed out of the US in July. Official inflows were $33.8 bln.
EUR/USD has pushed up to 1.4700 on jitters that capital outflows will make US deficits difficult to fund.
