Thread: EUR M3 Money Supply

Last month, the EURO M3 Money Supply made a huge recovery when it registered at 1.1% from the previous two months' .2%. Since it is now projecting to increase at 1.4%, I will remain bullish on EURO as well as the spending and investing.

The value between money transfers, services and goods (the trade balance figure) turned negative in the previous months. A deficit of 13.1 billion Euros was recorded on last month’s release, and now is anticipated to squeeze this time to 6.2 billion, which could help the Euro in the market.