KUALA LUMPUR: Tenaga Nasional Bhd (TNB) reported RM942.4mil in operating profit for its first quarter ended Nov 30 but after accounting for a foreign exchange (forex) loss of RM1.439bil, it ended up with a net loss of RM944.1mil for the period.
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Forex-rates.biz has assisted thousands of traders make informed currency trading decisions by offering currency comparison charts, e-mail value fluctuation alerts, and more recently, a public forum. The site was designed to assist traders in the comparison of currency pairs without the need for them to join the expensive currency charting websites heretofore employed by the majority of serious …
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The NZDUSD continues to trade within a broad range, and the pair is likely to face increased selling pressures over the near-term as the Reserve Bank of New Zealand is widely expected to continue its easing cycle.
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The dollar eased and currencies such as AUD, GBP and EUR gapped higher at the Asian open, with seen linked tenuously to hopes of more bank liquidity measures for both the UK and the U.S. and with Denmark loaning more funds to banks.
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* Easing in risk aversion leads dollar, yen lower
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Growth of Chinese forex reserves slows at a time when Washington needs Beijing to buy Treasuries more than ever.
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