American Dollar to Canadian Dollar = 0.784280; American Dollar to Chinese Yuan = 0.152912; American Dollar to Euro = 1.225195; American Dollar to Japanese Yen = 0.009681; American Dollar to Mexican Peso = 0.050508.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Oil fell in New York after U.S. President Donald Trump criticized OPEC and said crude prices are “artificially Very High.” The comments came as the Organization of Petroleum Exporting countries and allies including Russia showed willingness to further tighten oil markets and boost prices. Oil has rallied in recent weeks as output cuts from OPEC and its allies were compounded by heightened geopolitical risks, including the possibility of renewed U.S. sanctions on Iran. Meeting in Jeddah, a committee of OPEC and other oil producers found high levels of compliance with the production curbs. Still, there’s capacity for prices to rise beyond this week’s three-year high, according to Saudi Energy Minister Khalid Al-Falih, who said cooperation between producers would continue into 2019. Click Read More below for additional information.
Futures slid 0.5 percent after advancing 1.2 percent earlier. Oil may slip below $40 unless there are sustained inventory declines and a drop in the rig count, according to Goldman Sachs. U.S. crude stockpiles probably fell by 2.85 million barrels last week, a Bloomberg survey showed before an Energy Information Administration report Wednesday. “The market is still searching for a new equilibrium, and in particular for a lower band for the oil-price range,” said Jan Edelmann, an analyst at HSH Nordbank AG in Hamburg. Investor sentiment is “close to its lows,” which may cause a “renewed downswing in prices to sub-$40.” Click Read More below for additional detail.
American Dollar to Canadian Dollar = 0.792946; American Dollar to Chinese Yuan = 0.154435; American Dollar to Euro = 1.213878; American Dollar to Japanese Yen = 0.009496; American Dollar to Mexican Peso = 0.049113.