US Dollar vs Japanese Yen Rebounds Past 150.50 as Soft CPI, Iran Tensions Override Warnings

US Dollar vs Japanese Yen has surged above 150.50 eyeing 152.00-155.00 after softer Tokyo core CPI at +2.1% YoY (vs 2.3% expected) and escalating Iran tensions lifting oil past $85/bbl, diminishing intervention fears. The pair had spiked to a 160.73 21-month high on hawkish Fed signals and BoJ's 0.75% hold before crashing 500 pips to 155.57 on Finance Minister Katayama's 'final warning' and diplomat Mimura's threats. Fundamentals like wide rate differentials, high oil, and Middle East risks now fuel yen weakness amid holiday-thinned liquidity.