Key Currency Exchange Rates for Friday, 4/12/24
American Dollar to Canadian Dollar = 0.727771; American Dollar to Chinese Yuan = 0.138169; American Dollar to Euro = 1.065636; American Dollar to Japanese Yen = 0.006525; American Dollar to Mexican Peso = 0.060505.
https://www.x-rates.com/table/?from=USD&amount=1.00
Related Posts
Oil’s September Surge Propels Bull Market Run on Demand Optimism
Futures were little changed in New York, up more than 9 percent in September. Oil this week returned to a bull market on signs the persistent crude surplus was finally starting to shrink, while Trafigura Group and Citigroup Inc. warned of the potential for a further supply squeeze in 2018. The Organization of Petroleum Exporting Countries and Russia have hailed the success of their agreement to cut production and urged their allies to stay focused on finishing the job. U.S. Gulf Coast refiners restarted after last month’s hurricanes. Click Read More below for additional detail.
Oil Erases Gains After Trump Slams OPEC for Inflating Prices
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.