Even though markets are flat, EUR/JPY & GBP/JPY are up and make this list of surprising top currencies gainers.
Compared to other currencies, the US dollar is stagnant — USD/CAD drawing back 0.48% to 1.3513. USD/JPY up to 139.22, gaining 0.42%.
Current market events are being influenced by ambiguous macro data as United States GDP beat analyst expectations of 2.7 and the previous reading of 2.6 with new data of 2.9.
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.
Kicking off the session at 143.2, Euro-Yen currency pair peaks at 144.42
Tentatively higher from an earlier low of 143.08, EUR/JPY is up to 144.35 today, adding 118 pips, or 0.83%, to yesterday's closing price of 143.17.