Reserve Bank launches consultation to implement Capital Review changes | Forex Factory

  • 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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jordanvic
Nov 17, 2020 1:44am
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Quoting PipsCrapper
{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?
I told you it would spike up a little right before it falls. Just my fundamental analysis, nothing more.
Reply
jordanvic
Nov 16, 2020 9:14pm
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Short nzd soon
Reply
PipsCrapper
Nov 17, 2020 1:17am
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Quoting jordanvic
Short nzd soon
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?
Reply
Mrcl
Nov 17, 2020 1:21am
Permalink
Quoting PipsCrapper
{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?

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.
Reply
Mrcl
Nov 16, 2020 7:12pm
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Whats Capital Review changes means ?
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