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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 often costs too much. - Ralph Waldo Emerson

Don't marry for money; divorce for money. - Wendy Liebman

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

Money follows passion - not the other way around. - Unknown

Manicurist: A girl who makes money hand over fist - Daffynitions joe-ks.com

Education costs money. But then so does ignorance. - Claus Moser

Minutes are worth more than money. Spend them wisely. - Thomas P Murphy

I can't afford to die - I'd lose too much money. - George Burns

Why is the man who invests all your money called a broker? - George Carlin

The just man may sin with an open chest of gold before him. - Italian Proverb

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

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

There's only one thing money won't buy, and that's poverty. - Joe E Lewis

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

Figuring out what the next big trend is tells us what we should focus on. - Mark Zuckerberg

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

I want to be a millionaire not for the money but for the woman I will become. - Jaime Tardy

Will you marry me? Do you have any money?
Answer the second question first. - Groucho Marx

Every dollar you invest in your personal development adds 30 to your bottom line. - Brian Tracy

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

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

Let the rain beat upon your head with silver liquid drops - let the rain sing you a lullaby. - Langston Hughes

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

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

We shouldn't spend money on things we don't need when others don't have the things they do. - Peter Singer

Money won't buy happiness, but it will pay the salaries of a large research staff to study the problem. - Bill Vaughan

The true identity theft is not financial. It's not in cyberspace. It's spiritual. It's been taken. - Stephen Covey

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

A good financial plan is a road map that shows us exactly how the choices we make today will affect our future. - Alexa Von Tobel

Work like you don't need the money. Love like you've never been hurt. Dance like nobody's watching. - Satchel Paige

Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game. - Donald Trump

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

Always remember money isn't everything - but also remember to make a lot of it before talking such fool nonsense. - Earl Wilson

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

Watching your daughter being collected by her date feels like handing over a million dollar Stradivarius to a gorilla. - Jim Bishop

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

Too many people spend money they haven't earned, to buy things they don't want, to impress people they don't like. - Will Smith

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

Like all parents, my husband and I just do the best we can, and hold our breath and hope we've set aside enough money for our kids' therapy. - Michelle Pfeiffer


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