The investors’ decision to pump in capital into the euro was also guided by a strong Eurozone growth this year.
Interest rate were held at 0.25% as the European Central Bank puts focus on March meeting.
Mario Draghi pledges to keep interest rates low for as long as necessary.
Investors awaited a raft of economic news ahead of ECB's monthly policy meeting.
Markets traded in narrow ranges as investors awaited a raft of economic and corporate news.
Says still-viable banks needing state aid should get help without inflicting losses on junior bondholders.
Sign of increasing trade and investment between the eurozone and China.
The European Central Bank warned that lack of affordable credit for businesses is holding back growth.
The ECB will review the quality of the loans and investments that Europe's larger banks have made.
Financial capital of Frankfurt, home of the European Central Bank, fortified by police ahead of Friday demonstrations.
