2 rising currencies that surprised the market

Against the grain: Markets are broadly down – however – USD/SGD & EUR/NZD have managed to record significant gains to stand out as the market's top gainers. On average, these currencies are subdued, although yesterday's price action saw them recording significant gains.

The leading indices are currently lower — AUD/USD trades at 0.6707 after losing 1.17%. USD/JPY goes up 0.91%, trading at 133.77.

This downslide might be related to financial indicators data published earlier as highly important Core Retail Sales data from United States beat analyst expectations of -0.3% with a reading of -0.8%.

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.

EUR/NZD | +1.04%; session high: 1.7719 session low: 1.7516

Tentatively higher from an earlier low of 1.7516, EUR/NZD is up to 1.7716 today, adding 183 pips, or 1.04%, to yesterday's closing price of 1.7533.