M2 Money Stock y/y

Source
MeasuresChange in the total quantity of domestic currency in circulation and deposited in banks;
Usual Effect'Actual' greater than 'Forecast' is good for currency;
FrequencyReleased monthly, about 11 days after the month ends;
Next Release
FF NotesMuch of this data is released in the Monetary Base report about a week earlier;
Why Traders
Care
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;