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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

The law itself follows gold. - Propertius

Money doesn't talk, it swears. - Bob Dylan

Speech is silver; silence is golden. - Thomas Carlyle

When money speaks, truth keeps silent. - Russian Proverb

Virtue has never as respectable as money. - Mark Twain

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

The cost of living has gone up another dollar a quart. - WC Fields

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

Value Investing: The art of buying low and selling lower - Daffynitions joe-ks.com

Being rich is having money, being wealthy is having time. - Stephen Swid

After money in the bank, a grudge is the next best thing. - Anthony Trollope

After all, it's only moving shadows on a silver screen. - Richard Fleischer

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

I have no money, no resources, no hopes. I am the happiest man alive. - Henry Miller

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

Whoever said money can't buy happiness didn't know where to shop. - Gertrude Stein

The man who never has money to pay his debts has too much of something else. - J.L. Basford

I've got all the money I'll ever need, if I die by four o'clock. - Henny Youngman

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

If we were interested in making money, we wouldn’t have become teachers. - Robin Williams

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

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

Politics has become so expensive that it takes a lot of money even to be defeated. - Will Rogers

Conventions are like coins, an easy way of dealing with the commerce of relations. - Freya Stark

Money can't buy you happiness? Well, check this out: I bought myself a happy meal. - Paul F Taylor

They say love is more important than money. Have you tried paying your bills with a hug? - Dave Chapelle

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

Most people work just hard enough not to get fired, and get paid just enough money not to quite. - George Carlin

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

My family didn't have a lot of money, and I'm grateful for that. Money is the longest route to happiness. - Evangeline Lilly

No one has yet had the courage to memorialize his wealth on his tombstone. A dollar mark would not look well there. - Corra May Harris

Success isn't measured by money or power or social rank. Success is measured by your discipline and inner peace. - Mike Ditka

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

Right now it's only a notion, but I think I can get the money to make it into a concept, and later turn it into an idea. - Woody Allen

I've had a very good stretch with startup investing, and I think it's very important to know when to hold your chips. - Tim Ferriss

A fruit is a vegetable with looks and money. Plus, if you let fruit rot, it turns into wine; something Brussels Sprouts never do. - P.J. O'Rourke

Happiness, not money or prestige, should be regarded as the ultimate currency - the currency by which we take measure of our lives. - Tal Ben-Shahar

I had very good dentures once. Some magnificent gold work. It's the only form of jewelry a man can wear that women fully appreciate. - Graham Greene

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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