American Dollar to Canadian Dollar = 0.795985; American Dollar to Chinese Yuan = 0.159242; American Dollar to Euro = 1.231320; American Dollar to Japanese Yen = 0.009286; American Dollar to Mexican Peso = 0.055218.

The U.S. Army Corps of Engineers has granted a federal permit authorizing construction of the Louisiana International Terminal, a major Port of New Orleans development intended to expand the Lower Mississippi River gateway’s capacity for larger ships and growing cargo volumes. Port NOLA announced the permit approval last week, calling it a key milestone for the proposed $1.8-billion greenfield terminal expected to have capacity of 2 million container units at full build-out. The project would be developed in partnership with Terminal Investment Limited, the terminal-operating arm of Geneva’s Mediterranean Shipping Co., and terminal operator Ports America, which are contributing more than $800 million toward development. The terminal has received $300 million in federal grants.

Futures were little changed in New York after falling 0.6 percent on Wednesday. Prince Mohammed said in an interview with Bloomberg News in Riyadh that "of course" he wanted to extend OPEC’s production cuts in 2018, making it all but certain the group and its allies will roll over the curbs at a meeting next month. Oil is holding gains above $50 a barrel as speculation mounts that supply curbs by members of the Organization of Petroleum Exporting Countries and its allies including Russia will be prolonged when they meet in Vienna on Nov. 30. In Iraq, the state oil company is working with a Kurdish firm to resume pumping at two disputed fields after government troops recaptured them from Kurdish forces. Click Read More below for additional information.