Both the Yen and the Euro are looking weaker these days.
The dollar is at a three-month high against the Japanese yen after the Bank of Japan said it would increase its economic stimulus program. Traders also bought the dollar after euro zone finance ministers canceled a meeting to discuss giving Greece a second bailout. The Bank of Japan said it would buy more government bonds while keeping short-term interest rates close to zero to boost the country’s economy. The dollar rose to 78.47 yen in late trading Tuesday from 77.61 yen late Monday. It rose as high as 78.51 yen, its highest point since Nov. 1.