Raise bank equity or keep rolling the dice
Our regulatory reflex since 2008 has been to add complexity and discretion rather than fix the core design

NZD/USD jumped after the RBNZ’s hawkish rate cut, but the pair now faces key resistance and may resume its broader downtrend amid rising US rate cut expectations.
The USD/JPY pair kicks off the new week on a positive note and holds steady above mid-154.00s, well within striking distance of the highest level since early February, through the first half of the European session.