EMU: M3 Money Supply up 1.7% in November

FXstreet.com (Barcelona) - The Eurozone M3 Money Supply increased 1.7% in the three months to November, following a 1.9% rise in the three months to October, according to the ECB official data.

On an annual basis M3 Money supply grew 1.5% in November, slightly up from the 1.4% rise registered the previous month, in line with forecasts.

Year-over-year Private loans fell 2.3%, after dropping 2.2%, below expectations of -2.1%.

USD/JPY finds technical support following decline

Following yesterday’s rejection from the five year high and failed assault on the 105.50 handle, USD/JPY declined to post a low at 104.06 ahead of the European open.
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Flash: Illiquidity driving GBP/USD turbulence - Investec

Jonathan Pryor, Corporate Treasury Analyst at Investec comments that if every trading day in 2014 is as volatile as yesterday then he is not sure if we’ll all make it to the end of the year.
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