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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
Speak silver, reply gold. - Swahili Proverb

Private jets cost a lot of money. - Donald Trump

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

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

If you marry for money you will earn every penny. - Dr. Phil McGraw

All money is tainted, tain't none of it mine. - Thomas F. McGuire

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

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

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

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

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

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

I don't trust a bank that would lend money to such a poor risk. - Robert Benchley

Who marries for love without money has merry nights and sorry days. - Scottish Proverb

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

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

I have enough money to last me the rest of my life, unless I buy something. - Jackie Mason

I don't care how much money you have, free stuff is always a good thing. - Queen Latifah

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

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

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

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

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

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

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

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

Never work just for money or power. They won't save your soul or help you sleep at night. - Marian Wright Edelman

It is not the employer who pays wages; he only handles the money. It is the product that pays wages. - Henry Ford

Why pay money to have your family tree traced; go into politics and your opponents will do it for you. - Unknown

Money frees you from doing things you dislike.
Since I dislike doing nearly everything, money is handy. - Groucho Marx

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

Foreign aid might be defined as a transfer of money from poor people in rich countries to rich people in poor countries. - Douglas Casey

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

We are all born with a grab bag on gifts and gaps. Identify your true talents, then find out how to use them to make money. - Bill O'Reilly

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

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

NEED now means wanting someone else's money. GREED means wanting to keep your own. COMPASSION is when a politician arranges the transfer. - Joseph Sobran

Let advertisers spend the same amount of money improving their product that they do on advertising and they wouldn't need to advertise it. - Will Rogers

NBC News just called it "The Great Freeze" - coldest weather in years. Is our country still spending money on the global warming hoax? - Donald Trump


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