What is it? It checks the change in the total quantity of domestic currency in circulation and deposited in banks.
It's positively correlated with interest rates - early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation.
When? December 30th at 4:00am Eastern Time.
Trading Tip: If the number is higher than the forecast, you can expect the EUR to rise.
Talk to us to get get FREE signals and start earning now:
Other top stories:
Countless Already Joined and Made a Profit - What About You?
The Importance of Diversification
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook/Twitter: