Loonie closes below 70 cents U.S. for first time in nearly 13 years + MORE Jan 13th

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Stock remains tied to oil price despite fact that earnings, loan losses and loan growth have shown little correlation

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The Canadian dollar has closed below 70 cents U.S. for the first time in nearly 13 years while the Toronto stock market registered another triple-digit loss.

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3 easy ways to track your spendingBefore you can take control over your finances, you have to know where your money is going. The most common advice? Start a spending journal. To which we say: Get real. Journals are tedious, time consuming and a royal pain. While the advice is sound, the solution is flawed. Even die-hard financial nuts admit they quickly give up on it. The good news is there are easier ways. Here are three smart ways to track your spending—with minimal effort:
1. Charge it all
Putting all your purchases on one credit card is an easy way to track your spending. Some issuers even categorize purchases on your monthly statement. The key is to stick to one card and pay off the balance each month. Most banks now also provide tools to track spending on your debit card. Use them to tell you where you’re spending, then look for unnecessary expenses.
2. Instagram it
Need some added accountability? Use your smartphone to take photos of everything you buy, and post them to a private Instagram account. Include the cost in the comments…

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TORONTO – The Canadian dollar has closed below 70 cents U.S. for the first time in nearly 13 years while the Toronto stock market registered another triple-digit loss.
The loonie finished the day at 69.71 cents U.S., down 0.43 of a cent since Tuesday’s close.
The last time the Canadian dollar closed beneath the 70-cent U.S. mark was on April 30, 2003, when it was 69.76 cents U.S.
The S&P/TSX composite index lost 203.49 points at 12,170.41 — its 10th losing day in 11 trading sessions since the Christmas break.
Plummeting crude prices and lacklustre economic data out of China have been hammering Toronto’s stock market in recent weeks.
In New York, the Dow Jones plunged 364.81 points to 16,151.41, while the S&P500 shed 48.40 points to 1,890.28 and the Nasdaq declined 159.86 points to 4,526.06.
On commodity markets, the February contract for benchmark crude finished the day four cents higher at US$30.48 a barrel, while February natural gas gained 1.2 cents to US$2…

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Listed in the accompanying table are the top 10 stock leaders and laggards from the previous quarter and their respective price moves immediately following their earnings announcements

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