Treasury International Capital (TIC)
The total Net TIC Flows is released by the US Department of Treasury. TIC stands for Treasury International Capital. It captures in and out flows of financial resources in the United States. The TIC flows is one of the major events in the Forex market, as it is seen by most participants as the Government resource for offsetting the current Trade Deficit. A high reading is positive (or bullish) for the USD, while a low reading is negative (or bearish).