The euro strengthened against most major currencies ahead of European deals on Thursday.

The single currency hit a 2-day high of 1.0944 against the greenback and a 6-day high of 0.7115 against the pound, compared to Wednesday's closing values of 1.0902 and 0.7097, respectively.

The euro recovered to 1.0361 against the franc, from an early low of 1.0342.

The next possible upside target for the euro is seen around 1.12 against the greenback, 0.725 against the pound and 1.08 against the franc.

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