Against the current: Markets are down, yet USD/JPY and USD/CHF are up and make this special list of top gainers. These currencies are usually quiet, but showed up yesterday to record interesting gains.
The US dollar is losing strength against a basket of currencies — USD/CAD up to 1.3373, gaining 0.29%. GBP/USD trades at 1.2096 after losing 0.15%.
What are surprising gainers?
Surprising Gainers are low-performing assets that have sprung up uncharacteristically with their past behavior and beat their expected daily return, making them surprising. The following list rates such assets in line with the difference between expectation and actual return. The greater the difference, the higher the rank.
After three days of declines, Dollar/Yen is up 49 pips today
Dollar/Yen trades at 139.08 after gaining 49 pips (0.36%).
Bullish currency pair Dollar-Swiss runs out of steam at 0.95; currently at 0.946
After ending the previous trading day at 0.943, Dollar-Swiss went up to 0.95 only to drop back; still positive overall today, now trading at 0.946.