Forex Top Team

June FOMC Expected to Stay Unchanged, But Still Fluid Ahead of US Employment Data

Yesterday, market sentiment shifted towards a majority expectation of the June FOMC remaining unchanged. This change was in response to the support for holding off on rate hikes from a Jefferson Fed Board member and the President of the Philadelphia Federal Reserve, Harker. Prominent Fed watchers had also indicated a possibility of no rate hike. […]

what is the credit criteria in bank lending survey from the European Central Bank (ECB)?

The credit criteria in the bank lending survey from the European Central Bank (ECB) are an important indicator for forex traders, as they provide insights into the lending environment within the Eurozone. The survey assesses the lending standards applied by banks, which include the requirements and conditions that borrowers must meet to qualify for a […]

What is ECB?

The ECB, or European Central Bank, is the central bank for the euro and administers the monetary policy of the 19 European Union (EU) countries that have adopted the euro as their official currency. These countries are collectively known as the Eurozone. Established in 1998, the ECB is headquartered in Frankfurt, Germany, and is one […]