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Euro Weakens Versus Dollar, Yen; Depreciates 0.3% to $1.2246

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.

To contact the reporter on this story: David Goodman in London at

To contact the editor responsible for this story: Daniel Tilles at

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