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The pound also briefly went higher against the dollar following the release of UK morgage data which was better than previously expected, reports Bloomberg.
According to the data, mortgage lending increase more than three times quicker than had been predicted.
The number of mortgage approvals was also up.
Audrey Childe-Freeman of Brown Brothers Harriman, commented: "I think there was already upward momentum on sterling prior to the number and I think that [the mortgage data] is just helping further. That's why we've seen euro/sterling breaking below that very important 90 level."
Meanwhile, the FTSE 100 index of leading shares edged up 0.5 per cent to 4209.54.
The yen and the dollar gained yesterday as risk-aversion was fuelled by weak data from the US, forcing many investors to cut back on risky trades.
