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February 22, 2023
Even though markets are flat, EUR/AUD and USD/CHF are up and make this list of surprising top currencies gainers.
Markets don't have a clear cut direction — AUD/USD trades at 0.6811 after losing 0.73%. GBP/USD drawing back 0.24% to 1.2079.
This limbo state is reflected by market data published as United States Existing Home Sales (Jan) released yesterday at 15:00 UTC with a figure of 4 million, while the previous figure was 4 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.
Dollar-Swiss | +0.3% in mid-session
USD/CHF continues a 6 day uptrend, gaining a total of 1%. Today's session so far looks to be heading in the same direction — after closing the previous trading day at 0.9265, Dollar-Swiss went up to 0.9293 only to drop back; still positive overall today, now trading at 0.9292.
