Data:

09:00 Eurozone Current account, adjusted, bln November -7.5 0.5 -1.8

The euro strengthened  as Spain raised more than its maximum target at a debt sale, boosting optimism the region’s sovereign debt crisis is being contained.

Spain sold 6.61 billion euros of debt due in 2016, 2019 and 2022, exceeding the maximum target of 4.5 billion euros set for the auctions. Investors bid for 3.2 times the amount of 2016 notes allotted, versus 1.7 times last week. Demand for the 2022 bond was 2.2 times the amount sold, from 1.5 in November.

French borrowing costs declined as the nation sold 7.97 billion euros of medium and long-term securities.

The common currency advanced as Greece began a second day of talks with private creditors in a bid to reach an accord to lower its debt levels.

The Dollar Index fell as stocks in Europe rose.

EUR/USD: the pair grown, showed high above $1,2900.

GBP/USD: the pair grown, showed  high in $1,5460 area.

USD/JPY: the pair returned to area of session high, but not managed to overcome Y76.90.