Oil downslide gains momentum, hammered further below $48.00 handle

After rising to the highest level since July 5 on Friday, WTI crude oil slumped on Monday and erased some of its last week's strong gains as traders s
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USD/CHF retraces gains, but holds above 0.9600

  USD/CHF has pulled back from recent highs, as dollar’s rally lost momentum at the beginning of the New York session in the absence of major data.
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