Against the current: Markets are down, yet USD/JPY and EUR/AUD have maintained their composure as top gainers. These currencies are typically quiet, but showed up Friday to record significant gains.
The US dollar is losing strength against a basket of currencies — AUD/USD trades at 0.6328 after losing 1.02%. GBP/USD drawing back 0.71% to 1.1304.
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.
Strong sentiment sees Euro-Aussie dollar posting 0.65% gain
Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. Tentatively higher from an earlier low of 1.5413, EUR/AUD is up to 1.5538 today, adding 100 pips, or 0.65%, to Friday's closing price of 1.5437.