Asia-Pacific mostly down, as investors weighed remarks from US Treasury Secretary Janet Yellen, who said emergency federal action to support failing regional banks could be used again if needed.
US index futures were flat, with investors' attention turning from the Federal Reserve meeting back to the US banking system.
EURUSD
Euro fell as worries over bank failures in the US prompted investors to dump risky assets and currencies.
Support : 1.0750
Resistance : 1.0930
GBPUSD
Sterling fell after being buoyed by the BoE decision to raise interest rates, but the risk-off sentiment in the market reversed all of the initial gains.
Trend ↑
Support 1.2200
Resistance 1.2350
AUDUSD
Aussie dollar fell on the strengthening of the US dollar amid the risk off sentiment in the market due to concerns about the collapse of US banks.
Trend ↓
Resistance : 0.6780
USDJPY
Yen strengthened on demand for a safe haven amid uncertainty over the failure of US banks.
Trend ↓
Support 129.50
Resistance 131.60
XAUUSD
Gold rose due to demand for a safe haven due to investors' concerns about developments in the banking crisis in the US after the inconsistent statement by the US Minister of Finance Yellen.
Support : 1970.00
Resistance : 2010.00
Crude Oil (WTI)
Oil prices fell under pressure from the strengthening US dollar and the US government's plans to not rush to replenish their Strategic Oil Reserves (SPR).
Support 65.00
Resistance 75.00
Disclaimer
Derivative investments involve significant risks and can result in the loss of your invested capital. You are advised to read and study carefully the legality of the company, products and trading rules before deciding to invest your money. Be responsible and accountable in your trading.
TRADING RISKS
Margin transactions use leverage mechanism, carry high risks and not suitable for all investors. THERE IS NO GUARANTEE OF PROFIT on your investment hence be wary any promise of guaranteed profit on trading. You are advised not to use your money if you are not prepared to suffer losses. Before deciding to trade, make sure you understand the risks involved and also consider your experience.