CBS stands for Central Bank Survey, which is a quarterly survey conducted by the Bank for International Settlements (BIS). The survey collects information on the foreign exchange market activity of the world’s major central banks, including their spot, forwards, and options transactions.
The CBS survey provides valuable insights into the foreign exchange market and helps market participants better understand the trading activity of central banks. The survey covers a wide range of topics such as currency composition, counterparty types, and trading strategies.
The CBS survey is closely watched by forex traders and investors as it can provide clues about central bank policy and market sentiment. Market participants analyze the survey results to identify potential trends and trading opportunities in the forex market.