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ECB (European Central Bank)

Fundamental Analysisintermediate
Updated 1/15/2024

Definition

The ECB is the central bank for the Eurozone, responsible for monetary policy affecting the Euro. ECB meetings, rate decisions, and quantitative easing programs significantly impact EUR pairs.

Example

When ECB announces quantitative easing to stimulate the economy, EUR typically weakens as increased money supply reduces currency value.

Tags

#fundamentals#central-banks#europe
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