Loonie

loonie: TORONTO - The loonie closed lower Thursday amid a Canadian retail sales report for June that was much weaker than economists had been expecting. , according to Winnipeg Free Press. The loonie closed off the worst levels of the session, down 0.39 of a cent at 95.09 cents US after going as low as 94.96 cents US. The Canadian dollar loonie is pictured in Vancouver, Sept. 22, 2011. THE CANADIAN PRESS/Jonathan Hayward Also, the American dollar continued to appreciate on growing indications that the U.S. Federal Reserve is set to begin winding up a key economic stimulus program. (www.immigrantscanada.com). As reported in the news.