Duration: 2:06
Level: Beginner

The European Central Bank (ECB) is the central bank of the Eurozone, a collective of European countries that use the euro as their sole official currency. The ECB is responsible for administering monetary policy and safeguarding the value of the euro. Given the relative size of the Eurosystem economy, actions undertaken by the ECB garner nearly as much attention from U.S. traders as the actions of the Federal Reserve.

Contributed By: CME Group

Study Notes:

Original study notes from CME Group Education


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