July 27 (Bloomberg) -- The euro declined against the dollar and the yen, reversing earlier gains.
The 17-nation shared currency dropped 0.3 percent to $1.2246 as of 9:50 a.m. London time, after earlier gaining as much as 0.3 percent to $1.2315.
It was 0.4 percent weaker at 95.66 yen after advancing as much as 0.5 percent to 96.51.
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