Canadian Dollar Weakens as Job Losses Contrast Hiring in U.S.

  • Loonie falls toward two-month low as trade gap widens
  • Strong U.S. hiring boosts case for higher U.S. interest rates

The Canadian dollar fell as the country lost more jobs than forecast in November while payrolls in the U.S. exceeded projections, bolstering speculation Canada’s economy is being left behind by its largest trading partner.

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