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

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

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

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

Emotions are your worst enemy in the stock market. - Don Hays

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

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

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

A billion here, a billion there - pretty soon it adds up to real money. - Everett Dirksen

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

I can remember way back when a liberal was generous with his own money. - Will Rogers

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

Gentility is what is left over from rich ancestors after the money is gone. - John Ciardi

Giving your son a skill is better than giving him one thousand pieces of gold. - Chinese Proverb

The flood of money that gushes into politics today is a pollution of democracy. - Theodore White

I don't follow trends. I make each cake for a particular wedding, or event. - Ron Ben-Israel

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

Every dollar you invest in your personal development adds 30 to your bottom line. - Brian Tracy

The first rule is not to lose money. The second rule is not to forget the first rule. - Warren Buffet

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

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

The rich take life one financial year at a time. The poor take life one meal at a time. - Mokokoma Mokhonoana

People don't mind if you have a lot of money if they know you're working for it. - Jay Leno

Shopping: The fine art of acquiring things you don't need with money you don't have. - Unknown

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

Valentine's Day money-saving tip: Break up on February 13th, get back together on the 15th. - David Letterman

Beware of those who would pay you lip service but refuse to put their money where their mouths are. - Faydra D. Fields

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

If you don't want to work, you have to work to earn enough money so that you won't have to work. - Ogden Nash

America is the country where you can buy a lifetime supply of aspirin for a dollar and use it up in two weeks. - Barrymore

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

A liberal is someone who feels a great debt to his fellow man, which debt he proposes to pay off with your money. - G. Gordon Liddy

I've no interest on initiating a fashion trend on Coruscant or anywhere else. I simply want a uniform that fits. - James Luceno

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

Right now it's only a notion, but I think I can get the money to make it into a concept, and later turn it into an idea. - Woody Allen

What's money? A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do. - Bob Dylan

Only when the last tree has withered, and the last fish caught, and the last river been poisoned, will we realize we cannot eat money. - Cree Proverb

I deal with foreign countries. I made a lot of money dealing against China. I've made a lot of money dealing against many other countries. - Donald Trump

I have respect for Senator McCain. I used to like him a lot. I supported him. I raised a lot of money for his campaign against President Obama. - Donald Trump


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