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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
Money is just an idea. - Robert T. Kiyosaki

Nobody every lost money taking a profit. - Bernard Baruch

Where gold speaks every tongue is silent. - Italian Proverb

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

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

Prospering doesn't have to do with money. - Joel Osteen

Here's the money for our patentcy (patent). - Archie Bunker

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

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

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

Where you stumble and fall, there you discover the gold. - Joseph Campbell

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

Enjoy money while you have it. Shrouds don't have pockets. - Virginia Esberg

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

Britain's last gold medal was a bronze in 1952 in Helsinki. - Nigel Starmer-Smith

If you can count your money, you don't have a billion dollars. - J Paul Getty

I like gold because it is a stabilizer; it is an insurance policy. - Kevin O'Leary

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

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

There's so little money in my bank account, my scenic checks show a ghetto. - Phyllis Diller

Do not hire a man who does your work for money, but him who does it for love of it. - Henry David Thoreau

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

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

It's not about money. It's about the people you have, and how you're led. - Steve Jobs

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

Never invest deep feelings for someone unless you're ready to face the consequences. - Unknown

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

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

I actually lost 90 pounds over the course of 15 months in order to save money on life insurance. - Derek Kilmer

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

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

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

I don't make deals for the money. I've got enough, much more than I'll ever need. I do it to do it. - Donald Trump

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

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

It would be nice to spend billions on schools and roads, but right now that money is desperately needed for political ads. - Andy Borowitz

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

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

I deal with foreign countries. I made a lot of money dealing against China. I've made a lot of money dealing against many other countries. - Donald Trump


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