Canada Currency Tumbles as Europe Crisis Overshadows Data – Bloomberg

“Canadian metrics are very positive — employment, housing, inflation — but these external headwinds are far too great,” Dean Popplewell, chief strategist in Toronto at the online currency-trading firm Oanda Corp., said in a telephone interview yesterday.

Another Way Brokers Make Money Off Your Trades – Daily Finance

Making money that you’ll never see It wasn’t that long ago that investors didn’t have many choices in where to buy and sell stocks. If a stock was listed on a given exchange, that’s where you’d typically go to trade shares. The boom in new …

Need A Little Context On Facebook’s IPO? The Social Network Made More Money Than… – TechCrunch

and that $38 share price point is expected to increase as the stock starts trading around 11am today. Do you know how much money that is? That’s more than nine Google IPOs, the cost of buying Napster 132 times in 2008, and enough to buy Mark …

Intervention Dominates Emerging Market Currency Trading; Debt Steady – Wall Street Journal

NEW YORK (Dow Jones)–Emerging market currencies see-sawed Friday, driven primarily by external sources and triggering central-bank intervention in some markets. Brazil’s currency was in the spotlight as Brazil’s central bank surprised markets …

Trading the Globe: talking to the head of YUM – NASDAQ

YUM is why KFC and Pizza Hut have become Chinese fast-food staples as well as Western favorites and YUM CEO David Novak is on Trading the Globe tonight. First, the big picture. Global demographics are a tailwind for YUM as billions of people eat …

Who’s buying Facebook stock? Experts put their money where their mouths are – Venturebeat.com

“People will just want to own the stock,” he said. “People will log into E-Trade and buy Facebook stock because they love it and use it everyday.” Serial entrepreneur Flip Filipowski, who currently runs cloud startup SilkRoad, was similarly positive.

Zynga shares halted twice in volatile trade – MSN Money

NEW YORK (Reuters) – Shares in social gaming company Zynga Inc , which generates the majority of its revenue from Facebook, were halted twice in volatile trading on Friday as the stock jumped around on the same day as Facebook Inc’s debut.

Tokyo, Seoul warn after currency moves – Marketwatch

In U.S. trading Thursday, Japan’s currency staged its biggest one-day gain against the U.S. dollar in more than a year, though the yen then held within a stable range in regular Japanese trading session on Friday. The yen (ICAPC:USDJPY …

Money Market Stresses Abate Before Group of Eight Discussions – Bloomberg

The latter are agreements in which a person borrows in one currency and simultaneously lends in a different currency. The trade involves the exchange of two different floating-rate payments, each denominated in a different currency and based on …

Trading Time for Money – Forbes

In Your Money or Your Life, the central point that Joe Dominguez and Vicki Robin try to convey to readers is this: Money is something we choose to trade our time for. (Except that the authors don’t call it “time”, they call it “life …

Zynga shares drop 13%; trading halted – MSN Money

While the world watches the market debut of Facebook (FB), one of its big partners is stuck in place. Trading in shares of Zynga (ZNGA) were halted during morning trading after a 13% drop. It was not clear when trading would resume. The social-game company …

Ahead of the Bell: Trade Deficit – Yahoo Finance

However, critics said the moves were unlikely to make a significant dent in the trade gap between the two nations. U.S. manufacturers contend that the Chinese currency is still significantly undervalued against the dollar, making Chinese goods …

Money fund assets fall $5.35 billion to $2.563 trillion in latest week – Washington Post

Assets of the nation’s retail money market mutual funds rose $369 million to $889.88 billion, the Washington-based mutual fund trade group said. Assets of taxable money market funds in the retail category rose $390 million to $702.8 billion.

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