A financial data screen in Tokyo shows the U.S. dollar trading in the lower 163 yen range on July 22, 2026. (Kyodo)

TOKYO - The U.S. dollar held mostly near a fresh 39-year high in the lower 163 yen range in Tokyo Wednesday, as safe-haven buying driven by escalating Middle East tensions appeared to outweigh Japan's warning that it was ready to take appropriate action if needed.

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