The yen is near a four-decade low as the dollar strengthens broadly. Rising oil prices and U.S. Treasury yields are supporting the dollar's safe-haven status. Traders watch for possible Japanese intervention amid the yen's steady decline. The euro and Australian dollar are holding their ground against the dollar. Sterling is testing support as the new UK finance minister considers spending plans.

Japan’s currency fell as much as 0.5 per cent to 163.24 per US dollar overnight as the greenback strengthened. Read more at straitstimes.com. Read more at straitstimes.com.

The yen slid past 163 per dollar for the first time since 1986, extending its decline and increasingly testing Japanese authorities’ resolve to intervene.

The yen is near a four-decade low as the dollar strengthens broadly. Rising oil prices and U.S. Treasury yields are supporting the dollar's safe-haven status. Traders watch for…

NEW YORK, July 22 : The dollar dipped from a one-week high on Wednesday after four straight daily advances, while the yen recovered slightly from its weakest level in nearly four…