Dollar Falls 0.04% to 158.26 Yen in New York Late Trade

The dollar's failure to hold the post-CPI push above 158.95, despite a brief acceleration, suggests the yen is absorbing US data surprises rather than ceding ground. The broader move is more telling: the yen gained against the euro, sterling and offshore yuan on the same session, a cross-market signal that goes beyond dollar-yen. Whether that yen strength persists once the immediate CPI reaction fades is the open question, with the September 24 peak of 159.04 now the level framing the next test.