The yen languished near a 10-month low on Friday but found some support as Japanese officials stepped up their jawboning to stem the currency's decline, while the dollar was on track for its best week in more than a month. The yen briefly popped higher in early Asian trading after Japanese Finance Minister Satsuki Katayama said intervention was a possibility to deal with excessively volatile and speculative moves, leaving traders on alert for signs of yen buying from Tokyo.

The currency was slightly stronger at 157.41 per dollar, though it remained not far from Thursday's 10-month trough of 157.90. It was still on track to lose 1.8% for the week. Much of the focus in currency markets this week has been on the yen, which has plumbed fresh lows as investors worried about the nation's worsen

See Full Page