Market research group Sentix released its investor confidence index for the Eurozone on Monday. The index rose to 12.4 in February from 0.9 in January, exceeding expectations for an increase to 3.4.

That was the highest level since February 2006.

A reading above 0.0 indicates optimism, below indicates pessimism.

The index benefited from a weaker euro and lower oil prices.

The investor confidence index for Switzerland dropped in February as the decision by the Swiss National Bank (SNB) to discontinue the CHF1.20 exchange rate floor weighed on the confidence.