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Gloomy Loonie Canadian dollar forecast

American Quarter thanks to Wayne Nowazek

Loonie's longest losing streak portends more losses

Gloomy Canadian dollar forecast - Loonie drops below 69 cents US

The Canadian dollar is on its longest losing streak since at least the 1970s as speculation mounts that the central bank will cut interest rates back to the record low only seen amid the 2009 financial crisis.

The currency has fallen for 11 straight days against the U.S. dollar, the longest run of daily losses since the country ended its currency's peg to the greenback in 1971 and let it trade freely. The streak surpassed a nine-day run in April 2005, and Friday touched an almost 13-year low.

Canada's dollar (loonie) - which hasn't been below 69 cents since April 2003 - was also down Friday against the euro, British pound and Japanese yen.
QuotaBills
I find all this money a considerable burden. - J Paul Getty

A rich man is nothing but a poor man with money. - WC Fields

Love flies out the door when money comes innuendo. - Groucho Marx

Money can't buy happiness, but neither can poverty. - Leo Rosten

Don't stay in bed, unless you can make money in bed. - George Burns

Where you stumble and fall, there you discover the gold. - Joseph Campbell

Being rich is having money, being wealthy is having time. - Stephen Swid

A wise man should have money in his head, but not in his heart. - Jonathan Swift

We have the best government in the world... that money can buy. - Mark Twain

I like my money right where I can see it: hanging in my closet. - Carrie Bradshaw

As every thread of gold is valuable, so is every moment of time. - J. Mason

Money is like manure. You have to spread it around or it smells. - J Paul Getty

Never invest your money in anything that eats or needs repairing. - Billy Rose

I like gold because it is a stabilizer; it is an insurance policy. - Kevin O'Leary

The rich would have to eat money if the poor did not provide food. - Russia Proverb

I was a great student at a great school, Wharton School of Finance. - Donald Trump

All I ask is the chance to prove that money can't make me happy. - Spike Milligan

A liberal is a man who is willing to spend somebody else's money. - Carter Glass

How much money does it take to make a man happy? Just one more dollar. - John D. Rockefeller

Never criticize Americans. They have the best taste that money can buy. - Miles Kington

If all the nations in the world are in debt, where did all the money go? - Steven Wright

The man who never has money to pay his debts has too much of something else. - J.L. Basford

If we were interested in making money, we wouldn’t have become teachers. - Robin Williams

Health is like money - we never have a true idea of its value until we lose it. - Josh Billings

In our world, more often the truth is 'Money talks and integrity walks.' - Bill Welker

I spent a lot of my money on booze, birds and fast cars... the rest I squandered. - George Best

Conventions are like coins, an easy way of dealing with the commerce of relations. - Freya Stark

Before borrowing money from a friend, decide which you need more. (Friend or Money!) - Unknown

If you don't know who you are, the stock market is an expensive place to find out. - George Goodman

If you want to find money, focus on people. If you want to lose people, focus on money. - Rob Liano

If more of us cared about food and home above gold, this world would be a merrier place. - Bilbo Baggins

It would be nice if the poor were to get even half of the money that is spent in studying them. - Bill Vaughan

I'm very proud of my gold pocket watch. My grandfather, on his deathbed, sold me his watch. - Woody Allen

All right, let's not panic. I'll make the money by selling one of my livers. I can get by with one. - Homer Simpson

Inflation is when you pay fifteen dollars for the ten dollar haircut you used to get for five dollars when you had hair. - Sam Ewing

After marriage, husband and wife become two sides of a coin; they just can't face each other, but still they stay together. - Sacha Guitry

A fruit is a vegetable with looks and money. Plus, if you let fruit rot, it turns into wine; something Brussels Sprouts never do. - P.J. O'Rourke

Street League Skateboarding is the premier professional skateboarding league in the world, with the biggest prize money in history. - Rob Dyrdek

We spend money we don't have, on things we don't need, to make impressions that don't last, on people we don't care about. - Tim Jackson

Like all parents, my husband and I just do the best we can, and hold our breath and hope we've set aside enough money for our kids' therapy. - Michelle Pfeiffer


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