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April 11, 2023
Markets are up, with GBP/NZD & EUR/USD in the lead. These are unique currencies that were not expected on this list of top gainers.
The leading indices are showing gains — USD/CHF trades at 0.9047 after losing 0.48%. GBP/USD up 0.37%, trading at 1.2429.
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.
GBP/NZD goes back up to October 2022 levels, reaching 1.9985
While yesterday ended at 1.9894, today, GBP/NZD rallied above 1.9985 for the first time in 5 months and gained 83 pips — now trading at 1.9978. Today's session seems to be pointing upwards and is building on GBP/NZD's 4 days of gains (+182 pips).
The Euro | +0.34% in mid-session
Today's gains follow 5 days of flat trade. Todays session shows some improvement: the Euro trades at 1.09 after gaining 36 pips (0.34%).
