Yen hits key 160 level for third session, dollar buoyed by Gulf woes
By Jiaxing Li HONG KONG, June 5 (Reuters) – The Japanese yen is testing the 160 barrier on Friday, prompting pushback from Japanese officials, while the U.S. dollar is on track for a weekly gain as Gulf tensions fuel safe-haven flows. The yen weakened to the critical 160-per-dollar mark briefly in early trades, hitting the level for the third straight session despite verbal warnings from authorities. The 160 level is […]