Today's data release on money supply in Europe shows that the last month's supply declined...the graph below shows that supply is only about one-quarter of that at its peak in 2008...it appears that money is flowing out of Europe and the Euro, once again. The data is supplied courtesy of www.forexfactory.com.
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UPCOMING (MAJOR) ECONOMIC EVENTS...
* Tues. Dec. 13 ~ 2-day FOMC Meeting Begins
* Wed. Dec. 14 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts + @ 2:30 pm ET ~ Fed Chair Press Conference
* Fri. Dec. 23 @ 1:00 pm ET ~ NYSE early close for Christmas holiday
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* Fri. Jan. 6 @ 8:30 am ET ~ Employment Data
* Wed. Jan. 18 @ 2:00 pm ET ~ Beige Book Report