Even though markets are flat, EUR/AUD & EUR/GBP are up and make this list of surprising top currencies gainers.
Markets are mixed with AUD/USD drawing back 0.19% to 0.6488. GBP/USD is relatively flat, trades at 1.1624.
This limbo state is reflected by market data published as data for United States Crude Oil Inventories published today at 14:30 UTC came out at 2.59 million, beating projections of 1 million and showing improvement over the preceding figure of -1.73 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.
Bullish currency pair Euro-Aussie dollar runs out of steam at 1.5566; currently at 1.5546
Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. Marginally higher but lacking a clear-cut direction, EUR/AUD is trading at 1.5546 after ranging between 1.5507 and 1.5566 today.
Mixed sentiment sees Euro-Pound currency pair ending the session broadly flat; establishes tight 0.8665 to 0.868 range
Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. Euro-Pound posts light gains on a low-volatility day, ranging between 0.8665 – 0.868 and is now at 0.8677.