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

Don't marry for money; divorce for money. - Wendy Liebman

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

Fidelity bought with money can be overcome by money. - Seneca

Honesty is the best policy - when there is money in it. - Mark Twain

Don't stay in bed, unless you can make money in bed. - George Burns

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

When it is a matter of money, all men are of the same religion. - Voltaire

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

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

I was a great student at a great school, Wharton School of Finance. - Donald Trump

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

The more money an American accumulates, the less interesting he becomes. - Gore Vidal

Financial ruin from medical bills is almost exclusively an American disease. - Roul Turley

I want to be a millionaire not for the money but for the woman I will become. - Jaime Tardy

I'm a dirt person. I trust the dirt. I don't trust diamonds and gold. - Eartha Kitt

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

A diamond, though set in horns, is still a diamond, and sparkles in purest gold. - Philip Massinger

The true alchemists do not change lead into gold; they change the world into words. - William H Gass

The first rule is not to lose money. The second rule is not to forget the first rule. - Warren Buffett

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

France is a country where the money falls apart but you can't tear the toilet paper. - Billy Wilder

Shopping: The fine art of acquiring things you don't need with money you don't have. - Unknown

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

Every cloud has its silver lining but it is sometimes a little difficult to get it to the mint. - Don Marquis

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

Money can't buy happiness. But, it can buy a chocolate, which is pretty much the same thing. - Hanako Ishii

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

Save a little money each month and at the end of the year you'll be surprised at how little you have. - Ernest Haskins

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

Money won't buy happiness, but it will pay the salaries of a large research staff to study the problem. - Bill Vaughan

Advertising may be described as the science of arresting human intelligence long enough to get money from it. - Stephen Leacock

When I was young, I thought that money was the most important thing in life; now that I am old, I know it is. - Oscar Wilde

You have reached the pinnacle of success as soon as you become uninterested in money, compliments or publicity. - O.A. Battista

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

Having more money doesn't make you happier. I have 50 million dollars but I'm just as happy as when I had 48 million. - Arnold Schwarzenegger

Money isn't the most important thing in life, but it's reasonably close to oxygen on the "gotta have it" scale. - Zig Ziglar

Street League Skateboarding is the premier professional skateboarding league in the world, with the biggest prize money in history. - Rob Dyrdek

Money doesn't change men, it merely unmasks them. If a man is naturally selfish, or arrogant, or greedy, the money brings that out. - Henry Ford


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