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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
Life is a game. Money is how we keep score. - Ted Turner

No man's credit is as good as his money. - Ed Howe

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

I sell frosting for money. I'm a frostitute. - Unknown

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

Money does not make you happy but it quiets the nerves. - Sean O Casey

We have the best government in the world... that money can buy. - Mark Twain

I don't mind that I'm fat. You still get the same money. - Marlon Brando

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

One dollar for eternal happiness? I'd be happier with the dollar. - Charles Montgomery Burns

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

I'm worth far too much money. I don't need anybody's money. - Donald Trump

There's only one thing money won't buy, and that's poverty. - Joe E Lewis

Success is having to worry about every damn thing in the world, except money. - Johnny Cash

Borrowed thoughts, like borrowed money, only show the poverty of the borrower. - Lady Marguerite Blessington

Time is money, especially when you're talking to a lawyer or an accountant. - Joe-kster

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

Money and success don't change people; they merely amplify what is already there. - Will Smith

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

A bank is a place that will lend you money if you can prove that you don't need it. - Bob Hope

Gaming goes in trends, and for a bit of a too-long stretch, it focused on huge productions. - Markus Persson

Tradition is what you resort to when you don't have the time or the money to do it right. - Kurt H Adler

If more of us valued food and cheer and song above hoarded gold, it would be a merrier world. - JRR Tolkien

It would be nice if the poor were to get even half of the money that is spent in studying them. - Bill Vaughan

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

Keep your eye out for hot topics and trends. The media is constantly looking for timely stories. - Jim Kukral

Artists are blessed to travel all over the world. They see the trends before they even come out. - Tina Knowles

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

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

Many of us are at the 'metallic' age - gold in our teeth, silver in our hair, and lead in our pants. - Unknown

Income: 1. Something you cannot live without nor within; 2. The sum of money which it costs more than to live. - Daffynitions joe-ks.com

Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game. - Donald Trump

To an entrepreneur, closing a financing often feels like the end of a marathon. It's actually the starting gun. - Andy Dunn

Keeping books on social aid is capitalistic nonsense. I just use the money for the poor. I can't stop to count it. - Evita Peron

A successful man is one who makes more money than his wife can spend. A successful woman is one who can find such a man. - Lana Turner

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

Kindness is the connection that links us all together and strengthens the bonds within our communities, neighborhoods, and families. - Rosalynn Carter

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'm always interested in finding the new trend. If you love pizza every day, after 22 years of eating pizza, you want to try sushi. - Jean Pigozzi

Like all parents, my husband and I just do the best we can, and hold our breath and hope we've set aside enough money for our kids' therapy. - Michelle Pfeiffer


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