Dollar Rises for Third Straight Day Against Yen, Up 0.3% to 157.75

A third straight daily gain is less about any single catalyst than about persistence, and persistence in dollar-yen is what tends to draw official attention in Tokyo. The level itself matters more than the daily percentage here, since it sits in territory where verbal pushback has historically appeared. Whether the move keeps grinding higher without a policy response, or stalls as it did on prior approaches to this zone, is the open question worth tracking.