BoE Softens Capital Regime For Banksfxcue.com

(fxcue news) - The Bank of England said the capital threshold for major UK banks will be virtually unchanged, and delayed the implementation date for the new Basel standards by another six months as regulators bowed down to heavy lobbying. The Prudential Regulation Authority estimated that the tier 1 capital requirements for major banks will increase by less than 1 percent from January 2030. This was a reduction from a 3 percent increase estimated previously. The BoE backed the proposal to descope the Small Domestic Deposit Takers from the countercyclical capital buffer and capital conservation buffer. The bank said the new Single Capital Buffer will simplify the capital regime for SDDT firms, while maintaining the level of resilience by keeping capital requirements and buffers. Further, the PRA decided to move the implementation data for the Basel 3.1 standards by further six months to January 1, 2026. PRA Deputy Governor Sam Woods said "These rules will improve the way in which we regulate the banks in order to maintain safety and soundness and wider financial stability." Woods added that it will support growth and competitiveness, while ensuring that the UK aligns with international standards. Ahead of a joint meeting with the Bank of England Governor Andrew Bailey and CEO's of the UK's largest banks and building societies, Chancellor of the Exchequer Rachel Reeves said today's proposals by the PRA mark the end of a long road after the 2008 financial crisis. Reeves said, "These reforms will strengthen the resilience of our banking system and deliver the certainty banks need to finance investment and growth in the UK."

BoE Softens Capital Regime For Banks

U.S. Dollar Falls Against Majors

Yen Rises Against Majors

Australian Dollar Rises Against Majors

ECB Cuts Interest Rates On Weaker Eurozone Growth Outlook

U.S. Dollar Falls Against Majors

BoE Softens Capital Regime For Banks

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EURUSD trading, selling for profit

In the morning session of the Asian market, buying spot gold resulted in profits, while selling GBP/USD resulted in profits.

The price of gold has risen again, with 2 buy orders yielding profits and short-term sell orders yielding profits at high levels, perfect.

Suggestions for spot gold trading operations: Sell when the price rises close to 2680, sell when it unexpectedly rises above 2690, and buy when the price falls close to 61 or 54. I bought near 2650 in the morning yesterday and sold near 2670 and 2673 in the evening.

In terms of short-term trading strategy for Japanese gold, it is recommended to focus on buying with a pullback and selling with a rebound as a supplement. The short-term focus should be on the 2680-2685 resistance line above, and the short-term focus should be on the 2655-2650 support line below.

The price of gold remains strong, and we broke even today.

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BoE Softens Capital Regime For Banks

U.S. Dollar Falls Against Majors

Yen Rises Against Majors

Australian Dollar Rises Against Majors

ECB Cuts Interest Rates On Weaker Eurozone Growth Outlook

U.S. Dollar Falls Against Majors

BoE Softens Capital Regime For Banks

U.S. Producer Prices Rise Slightly More Than Expected In August

Sensex

Please sign in

Trader

EURUSD trading, selling for profit

In the morning session of the Asian market, buying spot gold resulted in profits, while selling GBP/USD resulted in profits.

The price of gold has risen again, with 2 buy orders yielding profits and short-term sell orders yielding profits at high levels, perfect.

Suggestions for spot gold trading operations: Sell when the price rises close to 2680, sell when it unexpectedly rises above 2690, and buy when the price falls close to 61 or 54. I bought near 2650 in the morning yesterday and sold near 2670 and 2673 in the evening.

In terms of short-term trading strategy for Japanese gold, it is recommended to focus on buying with a pullback and selling with a rebound as a supplement. The short-term focus should be on the 2680-2685 resistance line above, and the short-term focus should be on the 2655-2650 support line below.

The price of gold remains strong, and we broke even today.

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