The euro advanced to a record against the yen and rose versus the US dollar on speculation the European Central Bank will increase interest rates to damp inflation. The euro reached 150.81 yen, an all-time high, and was trading at 150.76 yen in London, from 150.34 late in New York yesterday. It traded at $1.2785 from $1.2757. Against the dollar, the British pound was at $1.9064 at 10 a.m. in London from $1.9055 yesterday. It was also at 67.03 pence per euro, from 67.00. The dollar was trading at 117.90 yen by mid-afternoon in Tokyo, up from 117.73 yen from late Wednesday in New York.