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EUR/JPY hovering around 133.00

FXStreet (Córdoba) - EUR/JPY moved further to the upside during the European session and printed a fresh daily high at 133.28, after making a strong bounce from 16-month lows.

The pair has been hovering around 133.00 during the last hours, consolidating important daily gains and having so far the best daily performance since last November. Despite the recovery still remains 300 pips below the level it has a week ago.

The recovery was boosted by the USD/JPY pair that rose back above 118.00 while the EUR/USD stabilized above 1.1200. No economic data will be release on Monday in the US while attention remains on the outcome of Greek elections.

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