TOKYO -- The yen briefly fell past 150 against the dollar late Wednesday on the New York foreign exchange market, weakening below the recent low of 150.16 yen set in early October and hitting a new low for the year.
Currencies
Yen weakens past 150 per dollar to a new low point for the year
Currency in crosshairs as investors heed Japan-U.S. interest rate gap
With Japan's interest rates still near zero, the yield on 10-year U.S. Treasurys rose to 4.95%, pressuring the yen. (Photo by Suzu Takahashi)
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