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Economics

Yen Drops BOJ Signals Easing; Canada’s Dollar Tumbles

The yen fell against most its major counterparts as Bank of Japan officials signaled they’ll keep acting to stem its strength to spur economic growth.

The greenback gained and Canada’s dollar slid after more Americans filed jobless claims last week and a regional manufacturing gauge dropped, increasing demand for the perceived safety of U.S. debt. The pound and Swedish krona climbed as investors bet the Bank of England and the Riksbank will refrain from further monetary easing.