Dollar tops 150 yen as BOJ ends negative rates

The U.S. dollar topped the 150 yen line on Tuesday in Tokyo after the Bank of Japan decided to end its negative interest rate policy as widely expected by the market, while noting that accommodative conditions are expected to remain.The U.S. currency, trading in the lower 149 yen range in the morning, rose to around the 150 yen line after the BOJ announcement, which marked a major shift from the central bank's powerful monetary easing policy that had been in place for years."The outcome was within market consensus, with the yen weakening slightly as the BOJ expressed its intention to mainta…READ FULL ARTICLE