NEW YORK -- The yen weakened past 150 to the dollar on Tuesday following higher-than-expected inflation data for the U.S. economy in January.
Currencies
Yen weakens past 150 against dollar on stubborn U.S. inflation
Market expectations for Fed rate cuts dim as American economy stays hot
The yen hit its weakest point against the dollar since last breaking the 150 threshold in November. (Photo by Takuya Imai)
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