Forex General: Key Central Banks
While there is a list of the world's central banks, only four central banks are needed to gather the majority of the world's financial news. These four central banks correspond to each trading session (New York, London, Sydney and Tokyo).
First there is the well-known Federal Reserve who is responsible for making all monetary policy for the US dollar. The currency pairs mostly influenced by news from the Federal Reserve are,
The Bank of England is responsible for making monetary policy for British Pound. The currency pairs mostly influenced by the news from the Bank of England are,
The Ministry of Finance and Bank of Japan are responsible for making monetary policy for the Japanese Yen. The currency pairs mostly influenced by the news from the Ministry of Finance are,
The Reserve Bank of Australia is responsible for making monetary decisions from the Australian Dollar. The currency pairs mostly influenced by the news from the Reserve Bank of Australia are,