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FX Summary: Dollar slips to 159 yen level as Iran tensions ease

Tue Apr 14, 2026 3:24 pm JST Currency

The dollar traded at 159.13 yen as of 3 p.m. in the Tokyo foreign exchange market on April 14, down approximately 47 sen from 5 p.m. the previous day. The euro was quoted at 187.21 yen, up roughly 53 sen, and at 1.1764 dollars, gaining approximately 0.0068 dollars against the greenback.

The dollar’s decline was triggered by the unwinding of safe-haven positions after U.S. President Trump told reporters on April 13 that he had received communication from Iran regarding ceasefire negotiations. As concerns over the Middle East eased, U.S. crude oil futures retreated, leading the dollar to briefly dip below the 159 yen level in the afternoon. However, selling pressure stalled as new developments remained limited. During the morning session, the dollar found support from domestic importers’ real-demand buying, which helped limit the downside.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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