Dollar rises to lower 150 yen after BOJ tweaks yield cap again

The U.S. dollar rose past the 150 yen line from the mid-149 level in Tokyo on Tuesday after another tweak made by the Bank of Japan to its yield cap program was perceived by the market as a minor change to its easing policy.The BOJ decided after its policy meeting to further adjust its yield curve control framework, allowing 10-year Japanese government bond yields to rise above 1.0 percent, three months after deciding to cap them at that threshold amid inflation and a weak yen.The dollar's strength came after it briefly weakened to the upper 148 yen level overnight in response to a report t…READ FULL ARTICLE