The euro declined versus the dollar and the yen, paring its first weekly advance this month. The 17-nation currency dropped 0.5 percent to $1.3815 at 8:09 a.m. in London, trimming this week’s gain to 1.2 percent. The euro dropped 0.3 percent to 106.11 yen, trimming its advance over the past five days to 0.1 percent. The currency rose against 14 of its 16 major counterparts this week as euro-area finance ministers prepare to meet today in Wroclaw, Poland. ECB President Jean-Claude Trichet pressed euro-area governments to take decisive action to halt the debt crisis and show “unity of purpose” at today’s gathering. The ECB said yesterday it will lend dollars to banks in the region in a series of three-month loans. The Frankfurt-based organization said it will coordinate with the Federal Reserve and other central banks to conduct three separate dollar liquidity operations to ensure lenders have enough of the currency through the end of the year. To contact the reporters on this story: Lucy Meakin in London at lmeakin1@bloomberg.net To contact the editor responsible for this story: Rocky Swift at rswift5@bloomberg.net

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