The euro advanced against the dollar and extended gains versus the yen. The 17-nation currency rose 0.4 percent to $1.2548 at 10:28 a.m. London time, and strengthened 0.5 percent to 99.97 yen.

To contact the reporter on this story: Anchalee Worrachate in London at aworrachate@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net