The U.S. dollar slumps on Monday as Treasury yields extend their decline amid fears that the U.S. banking system turmoil could become systemic and trigger a financial crisis.

Bitcoin and Crypto emerge as unlikely winners from SVB and Signature Bank collapse. Eureka moment for the Crypto industry?

The FTSE and the DAX benchmarks sold-off in the wake of worrying news of bank failures in the US, a phenomenon that has shaken the global banking industry

The Federal Reserve moved to restore confidence in the banking sector, launching a lending facility to inject liquidity in the system following SVB’s collapse. Is the S&P 500 safe?

Gold prices have surged after the SVB collapse sent shockwaves through global markets. While rate expectations have eased, XAU/USD is on track to retest $1,900.

The greenback is falling further in early trade as US Treasury yields continue their sell-off as markets reassess the path of future interest rate hikes.

EURUSD has struggled to maintain gains above the 1.07 level following the European open as markets digest moves by US policymakers to restore confidence in the Banking sector.

The Australian dollar is trading higher today as the US dollar continues to sell-off post-SIVB. AUD/USD now eyes the 0.67 resistance handle ahead of US CPI tomorrow.