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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
God gave me my money. - John D Rockefeller

How much money is enough? - Talmud

A fool and his money are soon partying. - Steven Wright

Stocks do not move unless they are pushed. - S Jay Levin

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

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

I sell frosting for money. I'm a frostitute. - Unknown

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

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

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

Print some money and give it to us for the rain forests. - Vivienne Westwood

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

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

It's morally wrong to allow a sucker to keep his money. - WC Fields

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

I don't mind that I'm fat. You still get the same money. - Marlon Brando

The rich would have to eat money if the poor did not provide food. - Russia Proverb

What good is money if it can't inspire terror in your fellow man? - Homer Simpson

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

The only point in making money is, you can tell some big shot where to go. - Humphrey Bogart

There is a certain Buddhistic calm that comes from having money in the bank. - Tom Robbins

It's better to do nothing with your money than something you don't understand. - Suze Orman

A bank is a place that will lend you money if you can prove that you don't need it. - Bob Hope

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

Never work just for money or power. They won't save your soul or help you sleep at night. - Marian Wright Edelman

God gives men wisdom as he gives them gold; his treasure house is not the mint, but the mine. - Arabic Proverb

Every cloud has its silver lining but it is sometimes a little difficult to get it to the mint. - Don Marquis

Artists are blessed to travel all over the world. They see the trends before they even come out. - Tina Knowles

The chief value of money lies in the fact that one lives in a world in which it is overestimated. - H L Mencken

The man who leaves money to charity in his will is only giving away what no longer belongs to him. - Voltaire

If you don't want to work, you have to work to earn enough money so that you won't have to work. - Ogden Nash

Why does not the Pope build St. Peter's with his own money, rather than with the money of poor believers? - Martin Luther

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

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

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

Street League Skateboarding is the premier professional skateboarding league in the world, with the biggest prize money in history. - Rob Dyrdek

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

Finance functions lose the potential to steer their organizations to success when they defer performance management to other functions. - Jack Alexander

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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