Key Currency Exchange Rates for Friday, 9/4/20

American Dollar to Canadian Dollar = 0.784713; American Dollar to Chinese Yuan = 0.149249; American Dollar to Euro = 1.072026; American Dollar to Japanese Yen = 0.007881; American Dollar to Mexican Peso = 0.050746.

Labor talks at U.S. ports on the East Coast and Gulf of Mexico are a looming risk for retailers, manufacturers and other shippers already grappling with longer transit times and higher costs. The International Longshoremen's Association contract covering 45,000 dockworkers at three dozen ports stretching from Maine to Texas expires on Sept. 30. If there is no deal by then, the union could call a strike that would hit during the vital holiday container shipping season and labor-friendly U.S. President Joe Biden's bid for reelection. The ILA on Monday called off this week's planned start of talks with the U.S. Maritime Alliance, citing one member of that employer group's use of automation technology in violation of prior agreements.

American Dollar to Canadian Dollar = 0.795957; American Dollar to Chinese Yuan = 0.152331; American Dollar to Euro = 1.177259; American Dollar to Japanese Yen = 0.009048; American Dollar to Mexican Peso = 0.049246.