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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
Money often costs too much. - Ralph Waldo Emerson

Wisdom is better than gold or silver. - German Proverb

A fool and his money are soon partying. - Steven Wright

Here's the money for our patentcy (patent). - Archie Bunker

Never invest emergency savings in the stock market. - Suze Orman

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

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

Those have a short Lent who owe money to be paid at Easter. - Benjamin Franklin

Stocks have reached what looks like a permanently high plateau. - Irving Fisher

I don't mind that I'm fat. You still get the same money. - Marlon Brando

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

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

The last thing my kids ever did to earn money was lose their baby teeth. - Phyllis Diller

The most popular labor-saving device today is still a husband with money. - Joey Adams

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

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

Architect: One who drafts a plan of your house, and plans a draft of your money. - Ambrose Bierce

Politics has become so expensive that it takes a lot of money even to be defeated. - Will Rogers

The safest way to double your money is to fold it over once and put it in your pocket. - Kin Hubbard

It's better to do nothing with your money than something you don't understand. - Suze Orman

Enthusiasm is the greatest asset in the world. It beats money and power and influence. - Henry Chester

The principal benefit acting has afforded me is the money to pay for my psychoanalysis. - Marlon Brando

France is a country where the money falls apart but you can't tear the toilet paper. - Billy Wilder

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

Every cloud has its silver lining but it is sometimes a little difficult to get it to the mint. - Don Marquis

Money can't buy happiness. But, it can buy a chocolate, which is pretty much the same thing. - Hanako Ishii

The only reason I'm in Hollywood is that I don't have the moral courage to refuse the money. - Marlon Brando

We shouldn't spend money on things we don't need when others don't have the things they do. - Peter Singer

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

Why does not the Pope build St. Peter's with his own money, rather than with the money of poor believers? - Martin Luther

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

Anything which is physically possible can always be made financially possible; money is a bugaboo of small minds. - Robert A. Heinlein

The only security men can have for their political liberty, consists in keeping their money in their own pockets. - Lysander Spooner

Tooth decay was a perennial problem that meant a mouthful of silver for patients, and for dentists a pocketful of gold. - Claudia Wallis

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

In general, the art of government consists of taking as much money as possible from one party of the citizens to give to the other. - Voltaire

Beauty isn't worth thinking about; what's important is your mind. You don't want a fifty-dollar haircut on a fifty-cent head. - Garrison Keillor

The politicians in Washington are spending trillions of dollars of our money. When are Americans going to stand up and say enough is enough? - Joe Wurzelbacher

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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