Oil prices sink amidst risk aversion due to Chinese overnight rates spike

Oil prices are heading downwards on both side of the Atlantic ocean – despite the fact that the greenback is collapsing with DXY hitting an 8-month low – mostly due to China “woes.”
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Flash: GBP/USD allow for one final thrust towards 1.6255/90 prior to failure - Commerzbank

Karen Jones Head Technical Analyst of Commerzbank, mentions that the GBP/USD intraday charts are suggesting one final thrust to 1.6255/90 ahead of failure.
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