Meet the 2 currencies that surprised market participants yesterday

Against the current: Markets slid, yet GBP/NZD and EUR/NZD went up and made this special list of top gainers. These currencies are usually quiet, but showed up yesterday for some interesting gains.

Leading equity indices in the US declined as USD/JPY closed the day at 135.74, having gained 0.91%. EUR/USD was down 0.65% before closing the session at 1.085.

Meanwhile, United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 216,600, while the previous figure was 214,800.

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.

GBP/NZD | Closed +1.29% at 2.0109

• As things stand, GBP/NZD is 2.59% away from a significant high of 2.0381, first set 17 days ago.
• GBP/NZD closed at 2.0109 after it made its largest daily jump of 256 pips (1.29%) since Apr 6.

GBP/NZD closed at 2.0109 after making its biggest single-day jump of 256 pips (1.29%), since Apr 6. Having set a peak of 2.0381 around 17 days ago, GBP/NZD is now trading 2.59% below this level.