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May 20, 2023Markets went up yesterday, with NZD/USD & GBP/USD in the lead. These are unique currencies that were not expected on this list of top gainers.
Markets closed higher yesterday; after dropping 0.68%, USD/CHF closed at 0.899. USD/JPY was down 0.5% before closing the session at 137.96.
More data out yesterday as United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 191,500, while the previous figure was 216,600.
What are surprising gainers?
Surprising Gainers are low-performing assets that soared suddenly, and, inconsistent with their past behavior. To be labelled as a "suprising gainer", the stock must gain more than its expected daily return, thus making it surprising. The following list rates assets according to the difference between expectation and actual return: the bigger the difference, the higher the rank.
Yesterday's gains added to NZD/USD's bullish trend that has lasted for 5 days so far, during which it increased a total of 35 pips.
Yesterday's gains stand in contrast to the Pound's slide (lasting 4 days) in which it lost 126 pips.
