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Morning Bid: Dollar flexes again, Japan warns [Reuters]

Paychex, Inc. (PAYX)  More Company Research Source: Reuters
Last paychex, inc. earnings: 3/25 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: investor.paychex.com
The U.S. dollar is flexing muscle yet again as the first quarter grinds to a close, surging anew on Wednesday against Japan's yen , the Swiss franc and China's yuan - and drawing stern warnings from Japanese government officials in the process. The dollar/yen exchange rate hit a 34-year high just a whisker from 152 overnight -- surpassing previous peaks from 2022 that drew intervention from the Bank of the Japan at the time. The dollar has now jumped almost 20% against the yen since the beginning of last year. Clearly monitoring the yen's slide in real time, Japan's finance minister Shunichi Suzuki issued his strongest warning to date in the current episode and said the authorities could take "decisive steps" - a phrase previously used in Autumn 2022 just before Japan stepped in to sell dollars on the open market. What irks Japanese officials most is the fact the yen's fall has accelerated even after the Bank of Japan has started to normalise its super-loose monetary policy - p [Read more]

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Morning Bid: Dollar flexes again, Japan warns [Reuters]

Paychex, Inc.  (PAYX) 
Last paychex, inc. earnings: 3/25 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: investor.paychex.com
The U.S. dollar is flexing muscle yet again as the first quarter grinds to a close, surging anew on Wednesday against Japan's yen , the Swiss franc and China's yuan - and drawing stern warnings from Japanese government officials in the process. The dollar/yen exchange rate hit a 34-year high just a whisker from 152 overnight -- surpassing previous peaks from 2022 that drew intervention from the Bank of the Japan at the time. The dollar has now jumped almost 20% against the yen since the beginning of last year. Clearly monitoring the yen's slide in real time, Japan's finance minister Shunichi Suzuki issued his strongest warning to date in the current episode and said the authorities could take "decisive steps" - a phrase previously used in Autumn 2022 just before Japan stepped in to sell dollars on the open market. What irks Japanese officials most is the fact the yen's fall has accelerated even after the Bank of Japan has started to normalise its super-loose monetary policy - p [Read more]

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PAYX
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Price Change %
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Stock performance from the time of news release until the following 4pm ET market close
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Multi-day stock performance from the time of the news release
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POST NEWS RANGE
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