American Dollar to Canadian Dollar = 0.826062; American Dollar to Chinese Yuan = 0.156452; American Dollar to Euro = 1.213539; American Dollar to Japanese Yen = 0.009128; American Dollar to Mexican Peso = 0.050773.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Futures in New York were little changed, putting them on course for a 2.8 percent drop in February. An industry report was said to show U.S. oil inventories rose last week, which would be the fourth expansion in five weeks if confirmed in government data. The head of OPEC plans to dine with shale producers in Houston next week at a time when America is pumping at record levels and threatening the group’s efforts to curb a global glut. U.S. crude output is forecast to rise to a record level in February, stoking fears that shale producers may derail OPEC’s strategy of reducing output to clear a global glut. The producer group’s Secretary General Mohammad Barkindo said he will meet with U.S. shale company executives for dinner on Monday in Houston, the second time he has met with some of the cartel’s top rivals.
American Dollar to Canadian Dollar = 0.810159; American Dollar to Chinese Yuan = 0.156347; American Dollar to Euro = 1.165368; American Dollar to Japanese Yen = 0.008787; American Dollar to Mexican Peso = 0.048868.
Futures rose as much as 1.2 percent to a six-week high, after advancing 2.1 percent on Tuesday. Donald Trump hinted at withdrawal from a deal curbing Iran’s nuclear program as Saudi Arabia’s Mohammed Bin Salman began a U.S. visit. Such a decision would raise the risk of the OPEC member’s oil exports being curtailed by sanctions. The specter of conflict involving giant producers is jolting prices, which have traded in a tight range since February. With the Organization of Petroleum Exporting Countries and its allies concluding that the market will rebalance by the end of September, Citigroup Inc. predicts oil’s recent “sideways” move is unlikely to last. Still, investors will be wary of growth in U.S. supply, which has threatened to undermine OPEC’s efforts to eliminate a global glut. Click Read More below for additional information.