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Canada’s Dollar Falls Most in 2 Weeks on Unexpected Drop in Jobs

The Canadian dollar declined the most in more than two weeks after employers unexpectedly eliminated jobs in February, reviving speculation the central bank may need to cut interest rates to bolster economic growth.

The currency, called the loonie, fell for the first time in three days as employment in the U.S., Canada’s biggest trade partner, rose more than forecast. The loonie gained for the past two days after the Bank of Canada kept its key interest rate unchanged, citing stronger-than-expected reports on growth and inflation, and said future moves will depend on economic data.