U.S. Dollar Index Trading Lower, Consumer Credit Rise Eases

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The December U.S. Dollar Index is trading at 99.92, down 0.35. The U.S. Dollar Index is trading at the session lows. Market chatter about global headline news and comments from policy makers is making the rounds. Late Wednesday the Federal Reserve reported that consumer credit rose by $16.02 billion during October versus an upwardly revised rise of $21.8 billion in September. Non-revolving credit rose by $13.68 billion versus $17.7 billion in September and revolving credit rose by $2.33 billion versus a $4.09 billion rise in September. Department of Labor is scheduled to report weekly jobless claims at 8:30 a.m. ET.
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