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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
Marry money. - Max Shulman

A fool and his money are soon parted. - English Proverb

Silence is golden. Duct tape is silver. - Unknown

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

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

A grandfather carries pictures where his money used to be. - Joe-kster

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

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

I'd like to live like a poor man, only with lots of money. - Pablo Picasso

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

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

Who marries for love without money has merry nights and sorry days. - Scottish Proverb

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

Always borrow money from a pessimist. He won’t expect it back. - Oscar Wilde

Being rich is better than being poor, if only for financial reasons. - Woody Allen

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

After I make a lot of money, I'll be able to afford running for office. - Christy Romano

In our world, more often the truth is 'Money talks and integrity walks.' - Bill Welker

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

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

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

If you don't know who you are, the stock market is an expensive place to find out. - George Goodman

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

To be clever enough to get a great deal of money, one must be stupid enough to want it. - George Bernard Shaw

The principal benefit acting has afforded me is the money to pay for my psychoanalysis. - Marlon Brando

If more of us cared about food and home above gold, this world would be a merrier place. - Bilbo Baggins

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

Keep your eye out for hot topics and trends. The media is constantly looking for timely stories. - Jim Kukral

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

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

People judge you by your actions, not your intentions. You may have a heart of gold, but so has a hard-boiled egg. - Unknown

I went to the bank and reviewed my savings. I found out I have all the money I'll ever need if I die tomorrow. - Henny Youngman

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

Only when the last tree has withered, and the last fish caught, and the last river been poisoned, will we realize we cannot eat money. - Cree Proverb

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

Beauty isn't worth thinking about; what's important is your mind. You don't want a fifty-dollar haircut on a fifty-cent head. - Garrison Keillor

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

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

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

If you have more money than brains, you should focus on outbound marketing. If you have more brains than money, you should focus on inbound marketing. - Guy Kawasaki


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