EMU: M3 Money Supply up 1.3% in December

FXstreet.com (Barcelona) - The Eurozone M3 Money Supply increased 1.3% in the three months to December, following a 1.6% rise in the three months to November, according to the ECB official data.

On an annual basis M3 Money supply grew 1% in December, down from the 1.5% rise registered the previous month and below forecasts of a 1.7% increase.

Year-over-year Private loans fell 2.3%, after dropping 2.3%.

EUR/USD through 1.3680

The EUR/USD is now picking up pace despite the mixed-to-soft data from the euro area, climbing beyond the 1.3680 level...
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