FXstreet.com (Córdoba) - The Euro continues to rally against the Yen and currently trades at the highest level in two months. EUR/JPY peaked at 138.23, posting the highest price since August 10. The pair is rising for the third consecutive day accumulating an increase of more than 250 pips since Wednesday. The Euro is getting closer to the highest price of the year that was achieved at 139.20 on June 5.
The Yen is also losing ground on Friday against the Swiss Franc. CHF/JPY is also approaching to 2009 highs. In June 12 the pair peaked at 91.50, posting the highest price of the year, currently trades at 91.20/25, 0.42% above today's opening price. The pair has risen in eleven out of the last twelve days.