Markets went up yesterday, with EUR/USD and GBP/USD in the lead. These are unique currencies that were not expected on this list of top gainers.
Leading equity indices in the US rose as after dropping 1.85%, USD/CHF closed at 0.9943. USD/CAD was down 1.87% before closing the session at 1.348.
Uptick coincides with some positive signs published earlier as highly important Non Farm Payrolls data from United States beat analyst expectations of 200,000 with a reading of 261,000.
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.
Euro-Dollar adds 2.11% within 0.9967 – 0.9743 daily range
EUR/USD spiked to 0.9959, gaining 205 pips.
The British Pound currency pair adds 214 pips or 1.92%
With a daily low of 1.1146, Sterling-Dollar closed yesterday at 1.1375, after ending Thursday at 1.1161 and gaining 214 pips (1.92%).