U.S. exporters sold 2.17 million metric tons of soybeans in the week ended Oct. 16, the most in a month and more than double the amount a week earlier, the U.S. Department of Agriculture said yesterday.
West Texas Intermediate crude fell below $80 a barrel for the first time since June 2012 amid speculation rising U.S. supplies are exacerbating a global glut. Brent fell to the lowest level in almost four years.
The greenback pared gains amid speculation it gained too much, too fast, and as U.S. Treasury yields fell. The currency jumped earlier as a private report showed U.S. companies added more than 200,000 workers for a sixth month.