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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
Every cloud has a silver lining. - Proverb

When money speaks, truth keeps silent. - Russian Proverb

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

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

Money no longer talks. It just goes without saying. - George Humphrey

A father carries pictures where his money used to be. - Steve Martin

Money can't buy happiness, but neither can poverty. - Leo Rosten

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

After money in the bank, a grudge is the next best thing. - Anthony Trollope

I love to go to Washington - if only to be near my money. - Bob Hope

A grandfather carries pictures where his money used to be. - Joe-kster

Government always finds a need for whatever money it gets. - Ronald Reagan

Capitalism is using its money; we socialists throw it away. - Fidel Castro

I'd like to live like a poor man, only with lots of money. - Pablo Picasso

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

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

He can't help it - he was born with a silver foot in his mouth. - George HW Bush

Always borrow money from a pessimist. He won’t expect it back. - Oscar Wilde

The way to make money is to buy when blood is running in the streets. - John D Rockefeller

Business, that's easily defined - it's other people's money. - Peter F Drucker

Cash Flow: The movement your money makes as it disappears down the toilet - Daffynitions joe-ks.com

The only point in making money is, you can tell some big shot where to go. - Humphrey Bogart

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

There is a certain Buddhistic calm that comes from having money in the bank. - Tom Robbins

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

In our world, more often the truth is 'Money talks and integrity walks.' - Bill Welker

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

Whoever said money can't buy happiness simply didn't know where to go shopping. - Bo Derek

If you want to know what God thinks about money, just look at the people He gives it to. - Alexander Pope

Permit me to issue and control the money of a nation, and I care not who makes its laws. - Mayer A. Rothschild

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

Let the rain beat upon your head with silver liquid drops - let the rain sing you a lullaby. - Langston Hughes

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

It isn't enough for you to love money - it's also necessary that money should love you. - Kin Hubbard

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

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

I've had a very good stretch with startup investing, and I think it's very important to know when to hold your chips. - Tim Ferriss

Too many people spend money they haven't earned, to buy things they don't want, to impress people they don't like. - Will Smith

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

Habits are like financial capital - forming one today is an investment that will automatically give out returns for years to come. - Shawn Anchor


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