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The euro jumped 0.3 per cent to $1.3303, having previously stretched as high as $1.3313, its peak position since mid-December, Bloomberg reports.
Positive moves were also evident in the Stoxx Europe 600 index, which gained 0.5 per cent as investor sentiment is buoyed by the prospect of an end to the wrangling over Greece's debt settlement.
Neil Jones, head of European hedge-fund sales at Mizuho Corporate Bank, said the expectation of a conclusion in talks is pushing the euro higher.
"After the European Central Bank decision arrives, all eyes will switch from Greece to Draghi to gauge the dovishness or hawkishness from the conference," predicted Mr Jones.
The euro hit an eight-week high yesterday as traders anticipated stimulus moves from major banks, Reuters noted.
Posted by Greg Secker
