Even though markets are flat, GBP/NZD & GBP/CAD are up and make this list of surprising top currencies gainers.
Markets are currently flat. GBP/USD goes up 0.53%, trading at 1.2103. USD/JPY up to 134.83, gaining 0.42%.
What are surprising gainers?
Surprising Gainers are low-performing assets that soared suddenly, and, inconsistent with their past behavior. To be labelled as a "suprising gainer", the stock must gain more than its expected daily return, thus making it surprising. The following list rates assets according to the difference between expectation and actual return: the bigger the difference, the higher the rank.
Sterling-Canadian dollar on a roll: jumps by 146 pips for the first time since Jan 25
GBP/CAD made its largest single-day jump of 146 pips (0.9%) since Jan 25 and is now trading at 1.6326. Today's gains are adding to Sterling-Canadian dollar's a 4 day bullish trend, during which it gained a total of 84 pips.
GBP/NZD | +0.95% in mid-session
Keeping up its 6 days of climbing (+159 pips), This session seems to remain in the same lane for now — GBP/NZD spikes to 1.9419, climbing by 183 pips.