Even though markets are flat, NZD/USD & AUD/USD are up and make this list of surprising top currencies gainers.
In relation to other currencies, the US dollar is stagnant — USD/JPY trades at 138.2 after losing 0.5%. GBP/USD goes up 0.31%, trading at 1.2003.
Current market events are being influenced by ambiguous macro data as United States CFTC Crude Oil speculative net positions released yesterday at 19:30 UTC with a figure of 252,500, while the previous figure was 278,300.
What are surprising gainers?
Surprising Gainers are low-performing assets that have jumped up in a way that is inconsistent with their past behavior and gained more than their expected daily return, thus making them surprising. The following list rates assets according to the difference between expectation and actual return: the bigger the difference, the higher the rank.
Kicking off the session at 0.6168, the Kiwi currency pair peaks at 0.6253
NZD/USD spikes to 0.6239, climbing by 71 pips.
Aussie-Dollar currency pair adds 75 pips or 1.14%
Tentatively higher from an earlier low of 0.6642, the Australian dollar is up to 0.6733 today, adding 75 pips, or 1.14%, to yesterday's closing price of 0.6657.