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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
How much money is enough? - Talmud

He who marries for money earns it. - Hebrew Proverb

Bribery: Using money as a blindfold - Daffynitions joe-ks.com

A fool and his money are soon elected. - Will Rogers

A rich man is nothing but a poor man with money. - WC Fields

Emotions are your worst enemy in the stock market. - Don Hays

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

Never invest emergency savings in the stock market. - Suze Orman

Money no longer talks. It just goes without saying. - George Humphrey

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

Government always finds a need for whatever money it gets. - Ronald Reagan

Capitalism is using its money; we socialists throw it away. - Fidel Castro

A woman's best protection is a little money of her own. - Clare B Luce

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

Stocks have reached what looks like a permanently high plateau. - Irving Fisher

If a little money does not go out, great money will not come in. - Chinese Proverb

A woman will buy anything she thinks the store is losing money on. - Kin Hubbard

I don't trust a bank that would lend money to such a poor risk. - Robert Benchley

An education obtained with money is worse than no education at all. - Socrates

The last thing my kids ever did to earn money was lose their baby teeth. - Phyllis Diller

Cash Flow: The movement your money makes as it disappears down the toilet - Daffynitions joe-ks.com

A woman must have money and a room of her own if she is to write fiction. - Virginia Woolf

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

Architect: One who drafts a plan of your house, and plans a draft of your money. - Ambrose Bierce

Enthusiasm is the greatest asset in the world. It beats money and power and influence. - Henry Chester

Money is not the most important thing in the world. Love is. Fortunately, I love money. - Jackie Mason

He's so old that when he orders a three-minute egg, they ask for the money up front. - Milton Berle

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

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

Every two months, I would get an email, 'Skeleton Twins update: still don't have the money!' - Bill Hader

The whole trend and quality of anyone's life is determined in the long run by the choices that are made. - Norman Vincent Peale

People confuse amassing money with security, but it is not so. What a pity to confuse real security with making money. - Billy Graham

Tooth decay was a perennial problem that meant a mouthful of silver for patients, and for dentists a pocketful of gold. - Claudia Wallis

I tell ya, my wife and I, we don't think alike. She donates money to the homeless, and I donate money to the topless. - Rodney Dangerfield

In general, the art of government consists of taking as much money as possible from one party of the citizens to give to the other. - Voltaire

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

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

The politicians in Washington are spending trillions of dollars of our money. When are Americans going to stand up and say enough is enough? - Joe Wurzelbacher

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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