The News Review:

- Novatek 1Q Net Profit Down 71% To RUB2.13B n Forex Loss
- FREX-US dollar yen rise as risk aversion hurt stock markets
- Forex losses dent Q1 bottom line of Bayan
- Nielsen Swings to Profit on Forex Gain
- MAY 18- PRSTICKS ICHIMKU FREX TECHNICAL REPRT FR EUR GBP …

Novatek 1Q Net Profit Down 71% To RUB2.13B n Forex Loss
Wall Street Journal
13B n Forex Loss ArticleCommentsmore in. RS) Russia’s biggest independent natural gas producer Friday said net profit for the first quarter fell 71% largely because of foreign exchange losses. Novatek almost 20% owned by state gas giant A Gazprom (GAZP.

FREX-US dollar yen rise as risk aversion hurt stock markets
Reuters
dollar and yen roseon Friday as worries persisted about global economic prospectsafter more evidence of recession in Europe and the U. triggered stock losses across the globe prompting investors toseek shelter in the yen in particular.

Forex losses dent Q1 bottom line of Bayan
Business Mirror
0001pt; mso-pagination:widow-orphan; font-size:10. 0pt; font-family:”Times New Roman”; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} BAYAN Telecommunications Inc. (Bayan) continued to incur losses in the first quarter of the year due to foreign exchange (forex) losses. The phone unit of the Lopez group said it trimmed its net loss to P464 million from January to March this year compared to P556 million in the same period a year ago.        Revenues however went up by 5 percent to P1. 63 billion from P1. 55 billion mainly due to the strong performance of its Bayan wireless landline and data revenues.

Nielsen Swings to Profit on Forex Gain
Wall Street Journal
–>Nielsen Swings to Profit on Forex Gain ArticleCommentsmore in. swung to a first-quarter profit as a foreign-exchange gain helped offset the downturn in the advertising industry. The company went private in a 2006 private-equity buyout and is known for its viewing-measurement surveys that U. networks use to sell television ads.
Related from Talloonne: Bass Metals swings to profit on sales from Tasmanian project

MAY 18- PRSTICKS ICHIMKU FREX TECHNICAL REPRT FR EUR GBP …
ForexTV.com
3490 and weekly capped by weekly kumo lower band made daily kumo upper band 1. 3300 our immediate target. A clear top has been made on daily chart. Another leg down will definitely made a very bearish M top.