Forex Top Movers: Yen rallies across the market; EUR/USD at recession lows

FXStreet (San Francisco) - After a fast and furious 100-pip drop in the first hour of the trading session, the EUR/USD fell to 1.1860 as fears of Greece exit from the eurozone increased during the weekend. The market sold the Euro and the currency fell to the lowest level since March 2006 against the US dollar.

That is the biggest headline in the house today. The pair is now attempting to recover above 1.1900; however, there are rumors of orders at 1.1920 and 1.1950.

Today's top winners are: USD/RUB, +0.90% to 59.279; USD/CZK, +0.76% to 23.2015; and CAD/CHF, 0.73% to 0.8554.

Top losers are: EUR/JPY, -1.34% to 142.63; CHF/JPY, -1.29% to 118.72; and USD/JPY, 0.75% to 119.57.