Dollar-yen traded modestly higher in New York on the 13th, reaching 159.56 yen shortly after 2:30 a.m., its highest level in roughly two weeks since July 31, before standing at 159.51 yen per dollar at 4:00 a.m., up from 159.48 yen at 2:00 a.m. The move was driven by dollar buybacks after the U.S. 10-year Treasury yield (benchmark long-term U.S. government bond yield) fell into the 4.61% range and then recovered to the 4.64% range, easing earlier downward pressure on the dollar. Euro-dollar was flat at 1.1529 at 4:00 a.m. after briefly slipping to around 1.1524, while euro-yen edged up to 183.89 and later 183.92 in tandem with dollar-yen. Reference trading ranges for New York hours on the 13th were 159.02 to 159.56 yen for dollar-yen, 1.1512 to 1.1545 dollars for euro-dollar, and 183.46 to 183.92 yen for euro-yen. Traders remain split on the Federal Reserve's policy outlook, with attention turning to U.S. inflation data, employment figures and comments from Fed officials as the market gauges whether dollar-yen can test 160 yen or retreat toward the low 159-yen range.