Key Currency Exchange Rates
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Oil futures set for weekly drop as stock markets and US crude inventories weigh on prices
Oil prices were set on Friday to post their first weekly decline in three weeks following a sell-off in global stock markets after news of planned U.S. tariffs on steel and aluminium raised fears of a trade war. U.S. crude is on track for a 4.5 percent drop this week, its first weekly decline in three, having given up much of the gains in recent weeks when sentiment was boosted by a fall in inventories at the Cushing delivery point for WTI. Click Read More below for additional information.
Key Currency Exchange Rates for Friday, 1/3/25
American Dollar to Canadian Dollar = 0.694487; American Dollar to Chinese Yuan = 0.136646; American Dollar to Euro = 1.029756; American Dollar to Japanese Yen = 0.006365; American Dollar to Mexican Peso = 0.048436.