Performance Forex GmbH Currency Trading Portal  
Go to Korean language version of the website Go to Chinese language version of the website Go to Japanese language version of the website Back to Main Page of website Sitemap of the Performance Forex website Information on how to contact us via mail, phone, or email.
About the Performance Group and Performance Forex
An Introduction tot he Forex Market
All about managing your account
Important and useful information and trading tools
All about the FX Station trading platform
Market Watch Information
Currency Analysis in Video Streaming format
A virtual Tour of the FX Station - you need the FREE flash browser plugin from www.macromedia.com to view this
Account Opening Form
Online Membership and subscription form
Information on the Major Central Banks
Downloads section
Information on Forex Swaps
The FX Station via your mobile phone's WAP
Testimonials from people who invested through us.
Career opportunities with Performance Forex
  Economic Calendar :: Fundamentals :: Technical Outlook :: Technical Indicators :: Forex Glossary  
 
  The US Dollar :: The Euro :: The Yen :: The British Pound :: The Swiss Franc  
 
 
THE EURO

The member nations that have adopted the Euro are: Germany, France, Italy, Spain, Netherlands, Belgium, Austria, Finland, Portugal, Ireland, Luxembourg and Greece.

Monitory Policy

The central banking function for the European Monetary Union has been unified under the European Central Bank which has control over monetary policy for the whole Eurozone. At the same time the ECB's Governing Council stands as the highest monetary policy making body consisting of the Executive Board and the governors of the various heads of the national Central Bank. The executive board for its part is made up of the ECB President, Vice-President, and four other members.



Key Personalities and Institutions

European Commission
Romano Prodi (Italy), President. Has secured agreement that a Commissioner will resign when he asks them to in order to avoid resignations en masse, due to intrigues.

Loyola de Palacio (Spain), Vice President. European Parliament, transport and energy.

European Central Bank Governing Council
Members of the Executive Board and National Central Bank Heads

European Central Bank (Executive Board)
: Wim Duisenberg (Netherlands) ECB President : Christian Noyer (France) Vice President
: Otmar Issing (Germany) (Economics and Research)
: Tomasso Padoa-Schioppa (Italy) (Internal Operations)
: Eugenio Domingo Solans (Spain) (Information Systems)
: Sirkka Hamalainen (Finland) (Operations, Controlling and Organization)

National Central Banks

: Germany : Ernst Welteke - President, Deutsche Bundesbank
: France : Jean-Claude Trichet - Governor, Banque de France
: Italy : Antonio Fazio - Governor, Banca d'Italia
: Spain : Jamie Caruana - Governor, Banco de Espana
: Netherlands: Nout Wellink - President, De Nederlandsche Bank
: Belgium : Guy Quaden - Governor, Banque Nationale de Belgique
: Austria : Klaus Liebscher - Governor, Oesterreichische Nationalbank
: Finland : Matti Vanhala - Governor, Suomen Pankki
: Portugal : Vitor Constancio - Governor, Banco de Portugal
: Ireland : Maurice O'Connell - Governor, Central Bank of Ireland
: Luxembourg: Yves Mersch - Director General, Banque centrale du Luzembourg
: Greece : Lucas Papademos - Governor, Bank of Greece



Interest Rates

The key interest rate to watch for the Eurozone is the European Central Bank's refinancing rate, the short-term interest rate that it uses in managing liquidity for the whole of Eurozone. It should be noted here that ECB monetary policy is geared towards price stability and monetary growth as measured by M3, with a reference of 4.5% annual growth.

  
  The US Dollar :: The Euro :: The Yen :: The British Pound :: The Swiss Franc  
 
  Copyright © 2001-2005 Performance Forex All rights reserved.