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BLBG: Euro Erases Gains Versus Dollar, Yen After Breaking Key Level
 
By Ye Xie

Nov. 19 (Bloomberg) -- The euro erased gains versus the dollar and yen posted earlier after passing $1.27 per euro, a level where orders to buy the 15-nation currency were clustered.

The euro fell 0.3 percent to $1.2583 at 11:32 a.m. in New York, from $1.2618. The yen rose 0.3 percent to 96.78 against the dollar from 97.03 yesterday. The euro fell 0.5 percent to 121.77 yen from 122.43.

To contact the reporter on this story: Ye Xie in New York at yxie6@bloomberg.net

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