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  • Reserve Bank launches consultation to implement Capital Review changes

    From rbnz.govt.nz

    The Reserve Bank is launching a consultation on the details for implementing the final Capital Review decisions announced last December. In December 2019 the Reserve Bank made decisions to gradually raise bank capital requirements to make the banking system safer. These increases were meant to start in 2020, but have been delayed to allow banks continued headroom to respond to the economic shock of COVID-19. Increases in the required level of capital will commence from 1 July 2022. Other Capital Review decisions are due to be implemented from 1 July 2021 onwards. “The Reserve Bank has adjusted implementation plans ... (full story)

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  • Post #1
  • Quote
  • Nov 16, 2020 8:12pm Nov 16, 2020 8:12pm
  •  Mrcl
  • | Joined Mar 2019 | Status: Member | 28 Comments | Online Now
Whats Capital Review changes means ?
 
 
  • Post #2
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  • Nov 16, 2020 10:14pm Nov 16, 2020 10:14pm
  •  jordanvic
  • | Joined Jul 2020 | Status: Bro | 386 Comments
Short nzd soon
 
 
  • Post #3
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  • Nov 17, 2020 2:17am Nov 17, 2020 2:17am
  •  PipsCrapper
  • | Joined Jun 2015 | Status: Member | 184 Comments
Quoting jordanvic
Disliked
Short nzd soon
Ignored
You again?????????
Yesterday you said short NZD on RBA news and suddenly NZD went up. Today you put out the same call.

What's your call based on please?
 
 
  • Post #4
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  • Nov 17, 2020 2:21am Nov 17, 2020 2:21am
  •  Mrcl
  • | Joined Mar 2019 | Status: Member | 28 Comments | Online Now
Quoting PipsCrapper
Disliked
{quote} You again????????? Yesterday you said short NZD on RBA news and suddenly NZD went up. Today you put out the same call. What's your call based on please?
Ignored

He is a forex troll, he will say the opposite effect of the market news. Therefore, many beginner will catch the bait, and push the price lil bit lower so he can enter in certain point for a better profit.
 
 
  • Post #5
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  • Nov 17, 2020 2:44am Nov 17, 2020 2:44am
  •  jordanvic
  • | Joined Jul 2020 | Status: Bro | 386 Comments
Quoting PipsCrapper
Disliked
{quote} You again????????? Yesterday you said short NZD on RBA news and suddenly NZD went up. Today you put out the same call. What's your call based on please?
Ignored
I told you it would spike up a little right before it falls. Just my fundamental analysis, nothing more.
 
 
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  • Story Stats
  • Posted: Nov 16, 2020 8:07pm
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 5  /  Views: 1,605
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