Term of the Day: European Central Bank - ECB

	View online | Add Investopedia to safe senders list
	INVESTOPEDIA Term Of The Day June 28, 2015 European Central Bank - ECB The central bank responsible for the monetary system of the European Union (EU) and the euro currency. The bank was formed in Germany in June 1998 and works with the other national banks of each of the EU members to formulate monetary policy that helps maintain price stability in the European Union. Investopedia Explains: The European Central Bank has been responsible for the monetary policy of the European Union since January 1, 1999, when the euro currency was... Read More Related to "European Central Bank - ECB" Get To Know The Major Central Banks The one factor that is sure to move the currency markets is interest rates. Interest rates give international investors a reason to shift... Read More What Are Central Banks? The central bank has been described as "the lender of last resort", which means that it is responsible for providing its economy with funds when... Read More Why Interest Rates Matter For Forex Traders The biggest influence that drives the foreign-exchange market is interest rate changes made by any of the eight global... Read More Recently Added Definitions Structured Transaction A series of transactions that could have been treated as a single transaction, but that were broken up in order to avoid... Read More Cost Test A standard test applied to a process to determine if the net present value of costs associated with an activity will exceed a... Read More Related Definitions Federal Reserve Bank Money Supply Monetary Policy Central Bank EUR Past Terms of the Day Quantitative Easing Current Account Deficit International Monetary Fund - IMF Risk-Return Tradeoff Delta-Gamma Hedging You are currently subscribed as: mondemand.forex@blogger.com Unsubscribe | Unsubscribe From All | Manage Profile Investopedia US, A Division of IAC. Copyright © 2015, Investopedia, LLC. All Rights Reserved Follow Us: