ECB
The European Central Bank (ECB) is the central bank for Europe's single currency, the euro. The ECB’s main task is to maintain the euro's purchasing power and thus price stability in the euro area. The responsibilities of the ECB are to formulate monetary policy, conduct foreign exchange, hold currency reserves and authorize the issuance of bank notes, among many other things.
The euro area comprises the 19 European Union countries that have introduced the euro since 1999.
It is one of the world's most important central banks and is one of the seven institutions of the European Union (EU) listed in the Treaty on European Union (TEU).
The ECB is governed by European law directly,
but its set-up resembles that of a corporation in the sense that the
ECB has shareholders and stock capital.
The bank is accountable to European citizens through the European Parliament. The European Union
Treaties specify the different channels of accountability, which include
the Annual Report.
The ECB is currently chaired by Italian economist Mario Draghi who assumed office in November 2011, succeeding Jean-Claude Trichet.
Draghi was previously the governor of the Bank of Italy from December 2005 until October 2011. In 2014 the famous Italian banker Forbes listed him as the 8th most powerful person in the world. And in 2015 Fortune magazine ranked him as the world's second greatest leader.
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259
Statistics
OVERVIEW OF THE WORLD ECONOMY
29 November 2023 #forex news, gold
- 118 Analytics & Forecasts Will The U.S. Dollar's Recovery Last
- 119 Analytics & Forecasts 25th January ECB Interest Rate Decision Europe’s Central Bank has been where the BoJ is today
- 140 Analytics & Forecasts Euro Mulai Melandai Jelang Notulen ECB
- 141 Analytics & Forecasts British Pound Rises On USD Weakness - Next Targets To
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384
Analytics & Forecasts
EURUSD: Trade Plan base on A2SR. What Next 7 - 25 Aug
6 August 2017 #support, resistance
- 150 Forecasts EUR/USD in multi-day tops near 1.1240 on Draghi Fresh buyers now seem to be rushing to the single
- 173 Analytics & Forecasts EuroStoxx50: decline in the fifth consecutive session
- 170 Analytics & Forecasts EUR/USD: GDP and consumer confidence in the Trading recommendations Sell Stop 1.0920. Stop-Loss
- 155 Analytics & Forecasts EUR/USD: the positive dynamics of the pair remains As the electoral situation in France fades into the
- 136 Analytics & Forecasts EUR/USD: The Fed kept interest rates at the same level
- 156 Analytics & Forecasts EUR/USD: Fed’s decision on the rate
- 131 Analytics & Forecasts EUR/USD: decision on the interest rate
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133
Analytics & Forecasts
EUR/USD: revision of the ECB policy is not required at
6 April 2017 #forecast, technical analysis
- 138 Analytics & Forecasts EUR/USD: the euro remains under pressure_31/03/2017
- 191 Forecasts When You Trade Currencies, Its All About The When you trade currencies, its all about central banks
- 134 Analytics & Forecasts Euro Hits 2 Month Lows Below 1.10, All Eyes on ECB Friday’s stronger than expected U.S. economic reports
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137
Analytics & Forecasts
ECB Preview: Draghi Building Support for QE3
It will be difficult for ECB President Draghi to reach
14 September 2016 #ECB
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151
Analytics & Forecasts
ECB To Ease This Week; EUR/USD En-Route To 1.08 - BNPP
6 September 2016 #ECB
- 157 Market News Modest economic calendar greets US traders after a Factory orders and a speech from Dudley later It's
- 185 Banks ECB's Weidmann: Don't see need for monetary easing More signs the ECB will wait-and-see A 'sources' report
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176
Banks
ECB's Praet says they can make decisions very
ECB chief economist over the wires 1 July ECB can use
1 July 2016 #ECB, Central Banks
- 171 Banks ECB not considering abandoning capital key in QE Our good friends at Livesquawk reporting an article
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187
Market News
ECB press officer denies QE problems report -
Apparently on social media Michael Steen the ECB press
30 June 2016 #ECB, Social Media Talks
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189
Banks
ECB's Constancio says fall in bank stock prices
European Central Bank vice-president Constancio talking
29 June 2016 #ECB, Central Banks
- 148 Statistics Is Draghi hinting of a coordinated central bank ECB President Mario Draghi is speaking in the ECB
- 194 Market News Eurozone M3 money supply May yy +4.9% vs +4.85 exp Eurozone M3 money supply report 27 June 2016 4.6% prev
- 137 Market News G7 say they will cooperate as appropriate Japan's MOF delivering a G7 communique as this year's
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163
Banks
ECB's Nowotny: We have hundreds of millions of
Ewald Nowotny having his say We have hundreds of
24 June 2016 #ECB, Central Banks
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145
Banks
German court throws out ECB OMT challenges
German Constitutional court rules on OMT cases Backs
21 June 2016 #ECB, Central Bank