Key Currency Exchange Rates for Friday, 10/30/20

American Dollar to Canadian Dollar = 0.798801; American Dollar to Chinese Yuan = 0.157767; American Dollar to Euro = 1.134769; American Dollar to Japanese Yen = 0.008787; American Dollar to Mexican Peso = 0.048892.

Futures in New York were little changed, after rising 3 percent the previous two sessions. Libya’s crude loadings from the Mellitah terminal will be “modified” after protests impeded output at the El-Feel field. Cuts by OPEC and its allies may be phased out in 2019 in a way that won’t disturb the market, Saudi oil minister Khalid Al-Falih said. Still, U.S. supply remains a threat, with the nation’s rig count rising for a fifth week to the highest since April 2015. Oil has risen more than 5 percent this year, following a second annual gain, as a drain in U.S. stockpiles and growing demand reassure investors that production cuts led by the Organization of Petroleum Exporting Countries are working. While America continues to pump record volumes, accompanied by an increase in exports, Al-Falih said the global oil market is re-balancing and bloated inventories are shrinking. Click Read More below for additional information.

You'll see the sentiment expressed in many of our AI Week articles, in other content at DMN, and even in AI-forward books like What To Do When Machines Do Everything. The human touch will still be needed. For marketing; for business in general. And that's correct. There's no doing without humans, not just for the immediate future, but possibly not at all. It's easy to agree with that, but in fact there's a very specific reason machines can't do what humans can do, and it's worth exploring what it is.