Key Currency Exchange Rates for Friday, 2/16/24

American Dollar to Canadian Dollar = 0.751280; American Dollar to Chinese Yuan = 0.147264; American Dollar to Euro = 1.171750; American Dollar to Japanese Yen = 0.009501; American Dollar to Mexican Peso = 0.045645.

American Dollar to Canadian Dollar = 0.788156; American Dollar to Chinese Yuan = 0.157845; American Dollar to Euro = 1.230278; American Dollar to Japanese Yen = 0.009371; American Dollar to Mexican Peso = 0.053840.

Futures in New York fell as much as 1.1 percent, after losing 3.6 percent in the previous two sessions. U.S. crude stockpiles last week rose to the highest level since December, while gasoline reserves expanded at four times the predicted rate. Meanwhile, data for November showed the shale boom drove U.S. output to a record. U.S. stockpiles of oil stored in tanks and terminals rose by 3.02 million barrels to about 423 million, the fourth increase in five weeks, according to the Energy Information Administration. That compares with a median estimate for a 3 million-barrel gain in a Bloomberg survey. Gasoline inventories expanded by 2.48 million barrels, more than the 600,000-barrel average estimate. Click Read More below for additional information.