Yen Weakens to 159.85 per Dollar in New York Trading

The yen's slide is broad rather than dollar-specific, with losses against the euro, pound and offshore yuan pointing to yen-side pressure rather than pure greenback strength. That distinction matters because it puts the September high of 160.39 back in view, a level that previously drew attention as a line worth watching. The open question is whether the pair stalls near that prior peak or extends toward the July 23 high of 163.99, and whether the cross-currency weakness persists alongside it.