Even though markets are flat, GBP/NZD & GBP/CAD are up and make this list of surprising top currencies gainers.
Markets are mixed with GBP/USD up to 1.1388, gaining 0.22%. AUD/USD drawing back 0.37% to 0.6407.
This limbo state is reflected by market data published as highly important Crude Oil Inventories data from United States beat analyst expectations of 1.36 million with a reading of 3.92 million.
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.
Kicking off the session at 1.5372, Sterling-Canadian dollar currency pair peaks at 1.5441
Sterling-Canadian dollar trades at 1.5415 after gaining 42 pips (0.28%).
Kicking off the session at 1.9312, GBP/NZD currency pair peaks at 1.9449
Tentatively higher from an earlier low of 1.9288, GBP/NZD is up to 1.9424 today, adding 112 pips, or 0.58%, to yesterday's closing price of 1.9312.