Close Menu
5gantennas.org5gantennas.org
  • Home
  • 5G
    • 5G Technology
  • 6G
  • AI
  • Data
    • Global 5G
  • Internet
  • WIFI
  • 5G Antennas
  • Legacy

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

4 Best Wi-Fi Mesh Networking Systems in 2024

September 6, 2024

India is on the brink of a new revolution in telecommunications and can lead the world with 6G: Jyotiraditya Scindia

August 29, 2024

Speaker Pelosi slams California AI bill headed to Governor Newsom as ‘ignorant’

August 29, 2024
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
5gantennas.org5gantennas.org
  • Home
  • 5G
    1. 5G Technology
    2. View All

    Deutsche Telekom to operate 12,500 5G antennas over 3.6 GHz band

    August 28, 2024

    URCA Releases Draft “Roadmap” for 5G Rollout in the Bahamas – Eye Witness News

    August 23, 2024

    Smart Launches Smart ZTE Blade A75 5G » YugaTech

    August 22, 2024

    5G Drone Integration Denmark – DRONELIFE

    August 21, 2024

    Hughes praises successful private 5G demo for U.S. Navy

    August 29, 2024

    GSA survey reveals 5G FWA has become “mainstream”

    August 29, 2024

    China Mobile expands 5G Advanced, Chunghwa Telecom enters Europe

    August 29, 2024

    Ateme and ORS Boost 5G Broadcast Capacity with “World’s First Trial of IP-Based Statmux over 5G Broadcast” | TV Tech

    August 29, 2024
  • 6G

    India is on the brink of a new revolution in telecommunications and can lead the world with 6G: Jyotiraditya Scindia

    August 29, 2024

    Vodafonewatch Weekly: Rural 4G, Industrial 5G, 6G Patents | Weekly Briefing

    August 29, 2024

    Southeast Asia steps up efforts to build 6G standards

    August 29, 2024

    Energy efficiency as an inherent attribute of 6G networks

    August 29, 2024

    Finnish working group launches push for 6G technology

    August 28, 2024
  • AI

    Speaker Pelosi slams California AI bill headed to Governor Newsom as ‘ignorant’

    August 29, 2024

    Why Honeywell is betting big on Gen AI

    August 29, 2024

    Ethically questionable or creative genius? How artists are engaging with AI in their work | Art and Design

    August 29, 2024

    “Elon Musk and Trump” arrested for burglary in disturbing AI video

    August 29, 2024

    Nvidia CFO says ‘enterprise AI wave’ has begun and Fortune 100 companies are leading the way

    August 29, 2024
  • Data
    1. Global 5G
    2. View All

    Global 5G Enterprise Market is expected to be valued at USD 34.4 Billion by 2032

    August 12, 2024

    Counterpoint predicts 5G will dominate the smartphone market in early 2024

    August 5, 2024

    Qualcomm’s new chipsets will power affordable 5G smartphones

    July 31, 2024

    Best Super Fast Download Companies — TradingView

    July 31, 2024

    Crypto Markets Rise on Strong US Economic Data

    August 29, 2024

    Microsoft approves construction of third section of Mount Pleasant data center campus

    August 29, 2024

    China has invested $6.1 billion in state-run data center projects over two years, with the “East Data, West Computing” initiative aimed at capitalizing on the country’s untapped land.

    August 29, 2024

    What is the size of the clinical data analysis solutions market?

    August 29, 2024
  • Internet

    NATO believes Russia poses a threat to Western internet and GPS services

    August 29, 2024

    Mpeppe grows fast, building traction among Internet computer owners

    August 29, 2024

    Internet Computer Whale Buys Mpeppe (MPEPE) at 340x ROI

    August 29, 2024

    Long-term internet computer investor adds PEPE rival to holdings

    August 29, 2024

    Biden-Harris Administration Approves Initial Internet for All Proposals in Mississippi and South Dakota

    August 29, 2024
  • WIFI

    4 Best Wi-Fi Mesh Networking Systems in 2024

    September 6, 2024

    Best WiFi deal: Save $200 on the Starlink Standard Kit AX

    August 29, 2024

    Sonos Roam 2 review | Good Housekeeping UK

    August 29, 2024

    Popular WiFi extender that eliminates dead zones in your home costs just $12

    August 29, 2024

    North American WiFi 6 Mesh Router Market Size, Share, Forecast, [2030] – அக்னி செய்திகள்

    August 29, 2024
  • 5G Antennas

    Nokia and Claro bring 5G to Argentina

    August 27, 2024

    Nokia expands FWA portfolio with new 5G devices – SatNews

    July 25, 2024

    Deutsche Telekom to operate 12,150 5G antennas over 3.6 GHz band

    July 24, 2024

    Vodafone and Ericsson develop a compact 5G antenna in Germany

    July 12, 2024

    Vodafone and Ericsson unveil new small antennas to power Germany’s 5G network

    July 11, 2024
  • Legacy
5gantennas.org5gantennas.org
Home»Data»Yen hits 34-year low ahead of major US inflation figures
Data

Yen hits 34-year low ahead of major US inflation figures

5gantennas.orgBy 5gantennas.orgMarch 27, 2024No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email


Written by Tom Westbrook

SINGAPORE (Reuters) – The dollar strengthened on Wednesday and the yen hit a 30-year low as stronger U.S. economic data cast doubt on the possibility of interest rate cuts, prompting Japan to intervene in foreign exchange markets. reached a certain level. 2022.

In Asian trading, the yen was trading at 151.97 yen to the dollar, down about 0.2% and its lowest level since the mid-1990s.

Japanese authorities will intervene to protect the yen at 151.94 yen in 2022, with the finance minister using the same language on Wednesday ahead of the intervention, saying Japan would take “decisive action” against excessive currency fluctuations. I warned you.

The yen was the worst performing of the major currencies in the quarter ending later this week, falling more than 7% against the dollar even after Japan exited negative interest rates last week.

“The market is very sensitive to the 152 region,” National Australia Bank strategist Rodrigo Catril said. “If we can break through that level, recent history would make intervention much more likely.”

Earlier, Bank of Japan board member Naoki Tamura reminded traders why they were selling the yen, reiterated his policy outlook for slow but steady normalization, and reiterated his policy outlook for slow but steady normalization, keeping Japan’s interest rates above the rest of the world for the long term. It emphasized that it would be set at a level below the same level.

On the other hand, the dollar has been trending higher on a quarterly basis as strong economic indicators and central bankers’ reluctance to cut interest rates have eased expectations for a significant rate cut this year.

The Chinese yuan and New Zealand dollar were near four-month lows.

The renminbi depreciated to 7.2285 yuan to the dollar, despite a firm correction in the trading band. The New Zealand dollar fell 0.2% to $0.5988, unsupported by the government’s downward revision to its economic growth forecast.

core focus

The market’s main focus this week will be on the US core inflation data to be released on Good Friday, but data released on Wednesday already showed better-than-expected US durable goods orders, pushing the dollar slightly higher ahead of that. .

“There are nagging concerns about the risk that the Fed will ease less than the market currently expects,” said Moh Siong Sim, a strategist at Bank of Singapore.

Australian figures released on Wednesday showed inflation remained at a two-year low of 3.4% in February, raising market bets that the country’s interest rates will fall next. has been strengthened. The Australian dollar fell 0.3% to $0.6512.

It decreased by 4.4% in the same quarter.

The euro was at $1.0829, roughly in the middle of the range it has maintained over the past year, and was down 1.9% in the quarter.

The Swiss franc, still reeling from Switzerland’s surprise interest rate cut last week, fell about 0.5% against the dollar on Tuesday to a four-month low of 0.9042 francs.

It fell about 7% in the first quarter of this year. The US dollar index rose 3% to 104.4 in the quarter.

The pound held steady at $1.2618, largely stable during the quarter, down just 0.8%.

Bank of England policy committee member Katherine Mann said on Tuesday that she had changed her mind last week to voting to keep interest rates on hold instead of raising them because consumers were becoming more stingy. But she still believes financial markets have priced in too many rate cuts.

(Reporting by Tom Westbrook; Editing by Sam Holmes and Lincoln Feast.)



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleCMS extends QPP data submission deadline to April 15th
Next Article Essential elements of a strong data protection strategy
5gantennas.org
  • Website

Related Posts

Crypto Markets Rise on Strong US Economic Data

August 29, 2024

Microsoft approves construction of third section of Mount Pleasant data center campus

August 29, 2024

China has invested $6.1 billion in state-run data center projects over two years, with the “East Data, West Computing” initiative aimed at capitalizing on the country’s untapped land.

August 29, 2024
Leave A Reply Cancel Reply

You must be logged in to post a comment.

Latest Posts

4 Best Wi-Fi Mesh Networking Systems in 2024

September 6, 2024

India is on the brink of a new revolution in telecommunications and can lead the world with 6G: Jyotiraditya Scindia

August 29, 2024

Speaker Pelosi slams California AI bill headed to Governor Newsom as ‘ignorant’

August 29, 2024

Crypto Markets Rise on Strong US Economic Data

August 29, 2024
Don't Miss

Apple focuses on 6G for future iPhones

By 5gantennas.orgDecember 11, 2023

iPhone 15 Pro and Pro MaxWith Apple’s recent listing of cellular platform architects to work…

All connectivity technologies will be integrated in the 6G era, says Abhay Karandikar, DST Secretary, ET Telecom

January 31, 2024

5G-Advanced and 6G networks require additional spectrum

January 24, 2024

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to 5GAntennas.org, your reliable source for comprehensive information on 5G technology, artificial intelligence (AI), and data-related advancements. We are passionate about staying at the forefront of these cutting-edge fields and bringing you the latest insights, trends, and developments.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

4 Best Wi-Fi Mesh Networking Systems in 2024

September 6, 2024

India is on the brink of a new revolution in telecommunications and can lead the world with 6G: Jyotiraditya Scindia

August 29, 2024

Speaker Pelosi slams California AI bill headed to Governor Newsom as ‘ignorant’

August 29, 2024
Most Popular

Will 5G make 2024 the most connected year in the industry?

December 1, 2023

The current state of 5G in the US and how it can improve

September 28, 2023

How 5G technology will transform gaming on the go

January 31, 2024
© 2025 5gantennas. Designed by 5gantennas.
  • Home
  • About us
  • Contact us
  • DMCA
  • Privacy Policy
  • About Creator

Type above and press Enter to search. Press Esc to cancel.