Trade nevertheless remained tense and volatile as contagion fears stalked financial shares.
In a little over a week, the fallout from the collapse of Silicon Valley Bank - which has roiled confidence in the banking system - has brought a globally systemic lender to its knees.for 3 billion francs and assume up to $5.4 billion in losses, in a shotgun merger engineered by Swiss authorities.
"The best we can say was there are certainly a lot of concerns about Credit Suisse contagion risk," said Rodrigo Catril, a senior currency strategist at National Australia Bank in Sydney.
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