EUR/JPY hits fresh highs above 136.00

FXStreet (Córdoba) - EUR/JPY is hovering around 136.00 after hitting at 136.19 the highest level since February 12. A decline of the yen across the board and the recovery of EUR/USD amid speculations that Greece would ask for an extension of the bailout program according to a Bloomberg report.

The pair made a strong bounce after trading below 134.00 during the Asian session. It went from 1-week lows to 6-day highs in a few hours as USD/JPY climbed from 118.30 to 119.40.

The euro is rising against the yen after falling during the previous three trading days and is has approached February highs that lie at 136.70.