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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 is just an idea. - Robert T. Kiyosaki

Money often costs too much. - Ralph Waldo Emerson

Money doesn't talk, it swears. - Bob Dylan

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

The rich are different - they have more money. - Ernest Hemingway

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

I bought a million lottery tickets. I won a dollar. - Steven Wright

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

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

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

It's morally wrong to allow a sucker to keep his money. - WC Fields

Britain's last gold medal was a bronze in 1952 in Helsinki. - Nigel Starmer-Smith

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

The key to making money in stocks is not to get scared out of them. - Peter Lynch

An education obtained with money is worse than no education at all. - Socrates

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

Being rich is better than being poor, if only for financial reasons. - Woody Allen

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

Why pay a dollar for a bookmark? Why not use the dollar for a bookmark? - Steven Spielberg

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

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

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

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

Do not hire a man who does your work for money, but him who does it for love of it. - Henry David Thoreau

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

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

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

Giving money and power to government is like giving whiskey and car keys to teenage boys. - P.J. O'Rourke

Money can't buy you happiness... but it does bring you a more pleasant form of misery. - Spike Milligan

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

I'm proud to be paying taxes. The only thing is, I could be just as proud for half the money. - Arthur Godfrey

I do not think there is any silver bullet to solving the technology side of the security equation. - John W. Thompson

If you want your children to turn out well, spend twice as much time with them, and half as much money. - Abigail Van Buren

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

Every two months, I would get an email, 'Skeleton Twins update: still don't have the money!' - Bill Hader

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

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

There are lots of things in life that money won't buy, but it's very funny - have you ever tried to buy them without money? - Ogden Nash


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