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American Quarter

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
Money often costs too much. - Ralph Waldo Emerson

Bloods’ not thicker than money. - Groucho Marx

Money: the poor man's credit card. - Marshal McLuhan

Yacht: a floating box you throw money into. - Unknown

Money won is twice as sweet as money earned. - Martin Scorsese

Friendship is like money, easier made than kept. - Samuel Butler

Education costs money. But then so does ignorance. - Claus Moser

Wind to a sailor is what money is to life on shore. - Sterling Hayden

Don't marry for money, you can borrow it cheaper. - Scottish Saying

Honesty is the best policy - when there is money in it. - Mark Twain

I can't afford to die - I'd lose too much money. - George Burns

Print some money and give it to us for the rain forests. - Vivienne Westwood

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

What's the use of happiness? It can't buy you money. - Henny Youngman

They bequeathed the gleaming gold, treasure of men, to earth. - Beowulf

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

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

If a little money does not go out, great money will not come in. - Chinese Proverb

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

What good is money if it can't inspire terror in your fellow man? - Homer Simpson

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

Financial ruin from medical bills is almost exclusively an American disease. - Roul Turley

Will you marry me? Do you have any money?
Answer the second question first. - Groucho Marx

If you want to know what God thinks of money, just look at the people he gave it to. - Dorothy Parker

Writing is the only profession where no one considers you ridiculous if you earn no money. - Jules Renard

Half the money I spend on advertising is wasted; the trouble is, I don't know which half. - John Wannamaker

In Las Vegas, a man said to his wife, "Give me the money I told you not to give me." - Henny Youngman

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

Gonna be incrimated... they're gonna keep the ashes around the house in one of them silver urinals. - Archie Bunker

The next woman who gets hold of me is gonna light up like a pinball machine and pay off in silver dollars. - Jack Nicholson

We are going as fast as we can as soon as we can. We're in a race against time, until we run out of money. - Jack Nicholson

I don't make deals for the money. I've got enough, much more than I'll ever need. I do it to do it. - Donald Trump

A good financial plan is a road map that shows us exactly how the choices we make today will affect our future. - Alexa Von Tobel

Work like you don't need the money, dance like no one is watching, and love like you've never been hurt. - Mark Twain

Always remember money isn't everything - but also remember to make a lot of it before talking such fool nonsense. - Earl Wilson

Liking the Leafs is like having molten gold poured into your face. It's gold, but it's burning your face off. - Sean Cullen

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

Retirement is like a long vacation in Vegas. The goal is to enjoy it to the fullest, but not so fully that you run out of money. - Jonathan Clements

If you have more money than brains, you should focus on outbound marketing. If you have more brains than money, you should focus on inbound marketing. - Guy Kawasaki


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