M3 Money Supply

[princedodi]

it is said that:" M3 includes all currency in circulation, bank deposits, repurchase agreements, debt securities up to 2 years, and the value of money market shares. "and then it is said "However, because an increase in M3 leads to price inflation"so is it a good or a bad indicator
i.e:will i buy or sell when it increase

 

[Enivid]

Ignore it . It does not have significant influence with definite direction on the currency.

 

[Fxpipper]

As enivid suggested, just ignore it. Frankly, if you are going to sit down and work out cross currency relations based on empirical fiscal data, you are not going to have much time left to do anything else.
The stats list, including M3, just goes on and on..think neverending story, you'll get it.