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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
Love is the only gold. - Alfred Tennyson

Money is the best cosmetic. - International Proverb

The law itself follows gold. - Propertius

Private jets cost a lot of money. - Donald Trump

We hold the dust and let the gold go free. - G K Chesterton

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

Never invest in a business you cannot understand. - Warren Buffett

Waitress: A woman who thinks money grows on trays - Daffynitions joe-ks.com

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

Why is there so much month left at the end of the money? - Unknown

What's the use of happiness? It can't buy you money. - Henny Youngman

Borrow money from pessimists - they don't expect it back. - Steven Wright

As every thread of gold is valuable, so is every moment of time. - J. Mason

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

You meet your friend, your face brightens - you have struck gold. - Kassia

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

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

The way to make money is to buy when blood is running in the streets. - John D Rockefeller

One dollar for eternal happiness? I'd be happier with the dollar. - Charles Montgomery Burns

Money will say more in one moment than the most eloquent lover can in years. - Henry Fielding

With money in your pocket, you are wise and you are handsome - and you sing well too. - Yiddish Proverb

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

If a dollar doesn't do what it used to, remember that hardly anyone else does either. - Amish Saying

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

If more of us valued food and cheer and song above hoarded gold, it would be a merrier world. - JRR Tolkien

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

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

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

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

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

Work like you don't need the money, dance like no one is watching, and love like you've never been hurt. - Mark Twain

Anything which is physically possible can always be made financially possible; money is a bugaboo of small minds. - Robert A. Heinlein

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

If you put all your strength and faith and vigor into a job, and try to do the best you can, the money will come. - Lawrence Welk

Poverty: 1. A state of mind sometimes induced by a neighbour's new car; 2. One thing that money can't buy. - Daffynitions joe-ks.com

To an entrepreneur, closing a financing often feels like the end of a marathon. It's actually the starting gun. - Andy Dunn

I'm always interested in finding the new trend. If you love pizza every day, after 22 years of eating pizza, you want to try sushi. - Jean Pigozzi

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

Let advertisers spend the same amount of money improving their product that they do on advertising and they wouldn't need to advertise it. - Will Rogers

NBC News just called it "The Great Freeze" - coldest weather in years. Is our country still spending money on the global warming hoax? - Donald Trump


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