Even though markets are flat, USD/SGD and NZD/USD are up and make this list of surprising top currencies gainers.
Markets are mixed with USD/CHF is relatively flat, trades at 0.9528. USD/JPY holds at 141.37.
This limbo state is reflected by market data published as United States API Weekly Crude Oil Stock released yesterday at 21:30 UTC with a figure of -4.8 million, while the previous figure was -5.83 million.
What are surprising gainers?
Surprising Gainers are low-performing assets that have risen inconsistently with their past behavior and defied their expected daily return, making them surprising. The following list rates assets according to the difference between expectation and actual return: the greater the difference, the higher the rank.
Kicking off the session at 1.3788, USD/SGD currency pair peaks at 1.3859
After ending the previous trading day at 1.3788, USD/SGD went up to 1.3859 only to drop back; still positive overall today, now trading at 1.3828.