Dollar firms past 150 yen; yuan struggles for footing

SINGAPORE  -The dollar rose broadly on Tuesday and firmed above 150 yen on mounting expectations of higher-for-longer U.S. rates, contrasting with a recession in Japan and market doubts about a near-term exit from the country’s ultra-easy policy. China grabbed traders’ attention early in the day after a big cut to its benchmark reference rate for Read The Rest at :