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The single currency increased to 84.68 pence against the pound thanks partly to investor demand for Irish and Greek government paper, Reuters reports.
The rise of 0.7 per cent led Ian Stannard, senior currency strategist at BNP Paribas, to say that the pair were "star performers".
He added: "The auction results are providing the euro with broader support."
In addition, some of the figures that led to the euro's gains included Ireland selling 1.5 billion euros in an auction of 2014 and 2017 bonds - the height of its target range - and Greece managed to offload 390 million euros-worth of three-month T-bills.
This news comes after the single currency experienced a gain of 0.3 per cent to 84.31 pence against the pound before the results of the bond auctions.
Posted by Chris Weaver
