American Dollar to Canadian Dollar = 0.723245; American Dollar to Chinese Yuan = 0.143842; American Dollar to Euro = 1.059214; American Dollar to Japanese Yen = 0.007318; American Dollar to Mexican Peso = 0.054306.
https://www.x-rates.com/table/?from=USD&amount=1.00
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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.
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 0.6% in January after increasing 0.9% in December. In January, the index equaled 115.5 (2015=100) compared with 114.9 in December. ATA recently revised the seasonally adjusted index back five years as part of its annual revision. “January’s gain was the sixth straight totaling 4.4%,” said ATA Chief Economist Bob Costello. “The index, which is dominated by contract freight with only small amounts of spot market truck freight, is off 3.9% from the all-time high in August 2019 and only 1.5% below March 2020 when the pandemic hit. In January, truck tonnage was helped by rising retail sales and factory output. While housing starts fell last month, which is another important driver of truck tonnage, it remained at high levels.”
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.