Even though markets are flat, USD/CHF and EUR/GBP are up and make this list of surprising top currencies gainers.
Markets are mixed with USD/JPY trades at 129.8 after losing 0.27%. GBP/USD slipping 0.19% and closing at 1.2384.
Current market events are being influenced by ambiguous macro data as United States New Home Sales (Dec) came out at 616,000, while a consensus of analysts was expecting 617,000.
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.
Dollar-Swiss | +0.11% in mid-session
Finally showing signs of life after 3 days of trading sideways, Todays session shows some improvement: tentatively higher from an earlier low of 0.9187, Dollar-Swiss is up to 0.9207 today, adding 9 pips, or 0.11%, to yesterday's closing price of 0.9198.
In contrast to today's gains, Euro-Pound has been on a 3 day bearish trend during which it lost 52 pips of its value.