Dollar-yen stabilized in New York trading on Sept. 3 after falling sharply from the upper 158-yen range in Tokyo to a low of 155.30 yen. At 4 a.m. Japan time on Sept. 4, or 3 p.m. EDT on Sept. 3, it traded at 155.50 yen per dollar, about 14 sen stronger for the dollar than its 155.36-yen level at 2 a.m. Position-adjustment buying emerged after the selloff, with the Aug. 3 low of 155.23 yen and the May 6 low of 155.04 yen viewed as near-term support levels. The pair briefly recovered to about 155.58 yen. EUR/USD remained subdued at $1.1634, near its 200-day moving average (average price over the past 200 trading days), while EUR/JPY rose to 180.92 yen per euro after finding support from similar buying. The U.S. 10-year Treasury yield remained above 4.77%, supporting the dollar, while slowing NYMEX crude oil futures, or WTI, in the mid-$90-per-barrel range contributed to dollar-selling pressure. Markets are now focused on whether dollar-yen breaks below the two support levels, whether EUR/USD moves decisively through $1.1634, and upcoming U.S. economic indicators and Federal Reserve officials' remarks.