TOKYO -- The yen briefly strengthened to the mid-148 range against the dollar on Tuesday in New York trading, its highest level against the greenback since October.
Expectations of narrowing interest rate gap spur Japan currency to mid-148 range

Falling U.S. Treasury yields are fueling yen-buying. (Photo by Akira Kodaka)
TOKYO -- The yen briefly strengthened to the mid-148 range against the dollar on Tuesday in New York trading, its highest level against the greenback since October.