The Dollar traded on a mixed note versus the majors after U.S. consumer credit fell in August for a seventh straight month. Banks maintained restrictive terms and job losses made households reluctant to borrow. NASDAQ rose by 0.32% and Dow Jones declined by -0.06%, Crude oil posted a surprise drop while fuel stockpiles rose by more than expected closing at 69.57$ a barrel, Gold (XAU) continued to rise reaching a new historic record closing at 1043.8$ an ounce. Today, Unemployment Claims is expected at 543K vs. 551K prior and Chairman Bernanke will speak about the economic conditions later today.
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