The Japanese yen remains under pressure, trading around the key 160-per-US-dollar level for a third consecutive session. Multiple reports link the dollar’s steadier performance to risk concerns tied to the Gulf, which support demand for the US currency. One report notes that losses for the yen extend into a fourth straight week, reversing earlier gains that had been attributed to currency intervention efforts over the past month. According to the outlet, those intervention-led recoveries are now outweighed by renewed depreciation. The same source estimates that the period of intervention has cost about US$73 billion. Taken together, the coverage suggests that despite prior support measures, the yen continues to weaken against the dollar, with broader market sentiment—especially developments raising uncertainty in the Gulf region—playing a role in keeping the dollar buoyant. The reports also emphasize the yen’s persistence around the 160 level, which is repeatedly referenced as a key threshold being tested by traders.