Loonie depreciates for second straight day

Source: Bloomberg
© Scanpix/Associated Press
The Canadian currency dropped for a second straight day after U.S. retail sales showed an increase for a fourth month in a row, fueling speculation that U.S. economy is doing better than Canada's. The Loonie fell 0.4% to C$1.0343 per U.S. Dollar as of 5 p.m. Toronto time and it is also impacted by previous week's unemployment data.

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