The dollar held off a 10-month high on Friday as markets headed into the end of the quarter, giving the yen slightly more breathing room at the end of the week amid intervention concerns.
The yen remains in focus as it trades near the 150 level, which is viewed as potentially spurring intervention from Japanese authorities.
Against the dollar, the Japanese currency last traded at 149.34 yen .
Elsewhere, the euro stood at $1.05625, down 0.04% so far in Asia after climbing off this week's multi-month low of $1.0488.
Investors will be looking ahead to Friday's CPI data out of the euro zone for clues into the state of the bloc's economy.
Persons:
Tony Sycamore, we've, Sycamore, Thomas Barkin, Yasunari Ueno
Organizations:
Federal Reserve, Treasury, IG, Richmond Fed, Mizuho Securities
Locations:
U.S, Asia