Urgent: U.S. dollar rises against yen ahead of Fed statement

The U.S. dollar bounced back from a two-week low against the Japanese yen Tuesday as investors were awaiting the release of the Federal Reserve statement.

In late New York trading, the euro declined to 1.1048 dollars from 1.1097 dollars in the previous session, while the dollar bought 123.61 Japanese yen, higher than 123.24 yen of the previous session. Endite