Meet the 2 currencies that surprised market participants yesterday

Even though markets traded flat yesterday, GBP/JPY & USD/CHF went up and made this list of surprising top currencies gainers.

Markets completed a mixed session yesterday while after dropping 1.25%, USD/CAD closed at 1.3371. AUD/USD gained 0.84% and closed at 0.6751.

This limbo state is reflected by market data published as United States Average Hourly Earnings beat analyst expectations of 0.3% and the previous reading of 0.3% with new data of 0.5%.

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.

Pound-Yen increased by 161 pips for the first time since Apr 10

GBP/JPY closed at 170.32 after it made its largest daily jump of 161 pips (0.95%) since Apr 10.

Largest single-day gain by Dollar-Swiss— trading at 0.8908

Dollar-Swiss closed at 0.8908 after making its biggest single-day jump of 51 pips (0.59%), since Apr 10.