The dollar-yen currency pair trades around 157.50 on Monday, with the USDJPY up 0.84% on the day, moving closer to the February high at 157.66 and maintaining a bullish tone supported by the strength of the US dollar. The greenback benefits from a marked increase in risk aversion amid escalating military tensions involving the US, Israel and Iran. The DXY Dollar Index, which measures the dollar against a basket of six major currencies, rises firmly and supports dollar-denominated pairs. Demand for safe-haven assets intensifies as the Middle East war fuels concerns about a prolonged conflict, strengthening the US currency. On The post Yen resilience, safe-haven dollar demand appeared first on Financial Mirror .