Oil futures edged up on Wednesday to near $40 per barrel as a weaker dollar spurred interest in riskier assets and the International Energy Agency said expectations for a deluge of oil from Iran were misplaced. Brent futures LCOc1 climbed 46 cents to $39.60 a barrel as of 1000 GMT after settling down $1.13 in the previous session. U.S. crude CLc1 rose 61 cents to $38.89 a barrel after ending Tuesday down $1.11. The dollar index .DXY fell, after slipping to an eight-day low in the previous session on dovish comments by U.S. Fed Chair Janet Yellen about possible interest rate rises.
American Dollar to Canadian Dollar = 0.830190; American Dollar to Chinese Yuan = 0.155479; American Dollar to Euro = 1.218656; American Dollar to Japanese Yen = 0.009191; American Dollar to Mexican Peso = 0.050207.