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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
God gave me my money. - John D. Rockefeller

Money is just an idea. - Robert T. Kiyosaki

When money speaks, truth keeps silent. - Russian Proverb

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

I find all this money a considerable burden. - J Paul Getty

Money won is twice as sweet as money earned. - Martin Scorsese

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

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

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

Wind to a sailor is what money is to life on shore. - Sterling Hayden

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

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

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

The most popular labor-saving device today is still a husband with money. - Joey Adams

I am fiercely loyal to those willing to put their money where my mouth is. - Paul Harvey

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

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

The quickest way to double your money is to fold it and put it back in your pocket. - Will Rogers

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

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

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

Writing is the only profession where no one considers you ridiculous if you earn no money. - Jules Renard

Dentist: a prestidigitator who, putting metal into your mouth, pulls coin out of your pocket. - Ambrose Bierce

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

In Las Vegas, a man said to his wife, "Give me the money I told you not to give me." - Henny Youngman

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

Why pay money to have your family tree traced; go into politics and your opponents will do it for you. - Unknown

Money frees you from doing things you dislike.
Since I dislike doing nearly everything, money is handy. - Groucho Marx

All right, let's not panic. I'll make the money by selling one of my livers. I can get by with one. - Homer Simpson

Why does not the Pope build St. Peter's with his own money, rather than with the money of poor believers? - Martin Luther

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

Liking the Leafs is like having molten gold poured into your face. It's gold, but it's burning your face off. - Sean Cullen

Her capacity for family affection is extraordinary: when her third husband died, her hair turned quite gold from grief. - Oscar Wilde

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

We are all born with a grab bag on gifts and gaps. Identify your true talents, then find out how to use them to make money. - Bill O'Reilly

What's money? A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do. - Bob Dylan

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

NEED now means wanting someone else's money. GREED means wanting to keep your own. COMPASSION is when a politician arranges the transfer. - Joseph Sobran


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