Oil and copper—seen as proxies for economic growth—have been among the worst hit assets as investors reacted to the coronavirus outbreak in recent weeks. China is the world’s biggest importer of both commodities and many analysts expect a slowdown in its economy because of business disruptions resulting from widespread quarantines. Concerns that the virus would curtail oil demand drove prices into bear-market territory on Monday. After Wednesday’s rally, Brent and WTI crude were both down more than 16% so far in 2020.
American Dollar to Canadian Dollar = 0.759831;
American Dollar to Chinese Yuan = 0.149897;
American Dollar to Euro = 1.116935;
American Dollar to Japanese Yen = 0.009875;
American Dollar to Mexican Peso = 0.051300