Key Currency Exchange Rates for Friday, 8/13/21

American Dollar to Canadian Dollar = 0.795138; American Dollar to Chinese Yuan = 0.152528; American Dollar to Euro = 1.188831; American Dollar to Japanese Yen = 0.009116; American Dollar to Mexican Peso = 0.049665.

The American Trucking Associations welcomed two major new federal investments by the U.S. Department of Transportation that will add nearly 400 truck parking spaces along key freight corridors in Wyoming and Iowa. “These projects in Wyoming and Iowa continue the momentum to alleviate the severe, nationwide shortage of truck parking, which consistently ranks as one of drivers’ top concerns,” said ATA President and CEO Chris Spear. “We are grateful that Secretary Buttigieg has continued to make Bipartisan Infrastructure Law funding available to expand truck parking, and we applaud Wyoming and Iowa for prioritizing these projects in their transportation planning. More states should step up and follow their example to improve the efficient movement of freight and enhance roadway safety for all motorists.”

Oil started the week off with mixed readings after last week’s nearly 5% rise as investor sentiment in black gold continued to be buoyed by hopes of extension to the OPEC-led deal to curb production. U.S. crude showed cautious trade around the unchanged mark Monday with the benchmark unable to hold the $54 mark, though the London barrel managed to extend gains. The U.S. West Texas Intermediate crude December contract slipped 2 cents, or 0.04%, to $53.88 a barrel by 5:12AM ET (9:12GMT). Click Read More below for additional information.