The Japanese yen steadied near 159 per dollar on Tuesday, moving sideways so far this week as fresh US military operations in southern Iran and ongoing peace negotiations kept investors cautious. The US military reportedly targeted missile launch sites and vessels suspected of attempting to deploy mines in southern Iran, with US Central Command saying the operations were aimed at protecting American troops in the region. Meanwhile, President Donald Trump said talks with Tehran were progressing well, though he warned that additional attacks could follow if negotiations broke down. On the domestic front, Bank of Japan Deputy Governor Ryozo Himino said the central bank remains committed to further interest-rate hikes, though the timing and pace would depend on how the Middle East conflict affects Japan’s economy and inflation outlook.