Euro on defensive before ECB Malta Independent Thursday, 6 March 2014, 09:03 Last update: about 14 years ago <a href='https://ads.independent.com.mt/www/delivery/ck.php?n=afef72b0&cb=69' target='_blank'><img data-src='https://ads.independent.com.mt/www/delivery/avw.php?zoneid=22&cb=69&n=afef72b0' border='0' alt='' /></a> The euro was grounded against its major rivals on Thursday and the Japanese yen dropped to a two-week low against the dollar.