The euro hit a high of $1.3817, according to Reuters data. It last traded at $1.3808, up 1.2 percent on the day.

Parties in the outgoing Slovak government have reached an agreement with a leftist opposition leader on ratifying a plan to strength the euro zone's European Financial Stability Facility rescue fund, TA3 television reported.

US stocks rallied while safe-haven Treasuries fell.

Copyright Reuters, 2011