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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
How much money is enough? - Talmud

Wisdom is better than gold or silver. - German Proverb

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

Money follows passion - not the other way around. - Unknown

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

To shorten winter, borrow some money due in spring. - W.J. Vogel

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

I can live without money, but I cannot live without love. - Judy Garland

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

What's the use of happiness? It can't buy you money. - Henny Youngman

I like my money right where I can see it: hanging in my closet. - Carrie Bradshaw

Faddict: Someone who has to try every new trend that comes along - Daffynitions joe-ks.com

Everything has its limit - iron ore cannot be educated into gold. - Mark Twain

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

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

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

There is no money in poetry, but then there is no poetry in money, either. - Robert Graves

Money will say more in one moment than the most eloquent lover can in years. - Henry Fielding

I've got all the money I'll ever need, if I die by four o'clock. - Henny Youngman

When I get a little money, I buy books. If any is left, I buy food and clothes. - Erasmus

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

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

Conventions are like coins, an easy way of dealing with the commerce of relations. - Freya Stark

Happiness resides not in possessions, and not in gold, happiness dwells in the soul. - Democritus

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

The chief value of money lies in the fact that one lives in a world in which it is overestimated. - H L Mencken

The man who leaves money to charity in his will is only giving away what no longer belongs to him. - Voltaire

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

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

Money doesn't make you happy. I now have $50 million but I was just as happy when I had $48 million. - Arnold Schwarzenegger

The next woman who gets hold of me is gonna light up like a pinball machine and pay off in silver dollars. - Jack Nicholson

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

I went to the bank and reviewed my savings. I found out I have all the money I'll ever need if I die tomorrow. - Henny Youngman

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

Watching your daughter being collected by her date feels like handing over a million dollar Stradivarius to a gorilla. - Jim Bishop

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

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

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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