The currencies surprising the market today

Against the current: Markets are down, yet USD/SGD & EUR/AUD are up and make this special list of top gainers. These currencies are usually quiet, but showed up yesterday to record interesting gains.

The leading indices are dropping — AUD/USD slipping 0.69% and closing at 0.6655. GBP/USD drawing back 0.33% to 1.2484.

This downslide might be related to financial indicators data published earlier as United States Retail Sales released earlier showed a marked improvement to 0.4% from the preceding data of -0.7%, but fell short of the 0.8% figure forecast by a consensus of market analysts.

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.

USD/SGD rises above the 1.34 level

USD/SGD leapt up to 1.34 (0.33%) — now trading at 1.3403. Today's gains are adding to USD/SGD's a 4 day bullish trend, during which it gained a total of 113 pips.

Euro-Aussie dollar | +0.58%; session high: 1.6333 session low: 1.6208

Euro-Aussie dollar trades at 1.6324 after gaining 93 pips (0.58%).