cookie

This site uses cookies to provide you with a great user experience. By visiting monetamarkets.com, you accept our cookie policy.

Allow all
top icon

This website is operated by Moneta Markets Ltd, which is not authorised or regulated by the UK Financial Conduct Authority (FCA) and does not offer or promote services to UK residents. Access to this website is restricted in the UK and the content is not intended for distribution to, or use by, any person located in the UK. If you believe you have reached this website in error, please exit the page now

ECB

BBack

Back to Glossary

Description

The ECB, or European Central Bank, oversees the monetary policy for the 19 EU countries that use the Euro. Its primary role is to maintain price stability, which it achieves through mechanisms like interest rate adjustments and quantitative easing. Forex markets closely watch ECB actions as they can significantly influence the Euro’s exchange rate and the broader economic climate in Europe.

Start Trading in 3 Simple Steps

1
REGISTER

Open a live account and start trading in just minutes.

2
FUND

Fund your account using a wide range of funding methods.

3
TRADE

Access 1000+ instruments across all asset classes

open chat