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July 01, 2023
Despite markets remaining subdued yesterday, NZD/USD & GBP/USD recorded sufficient gains to qualify as standout gainers in currencies.
Markets did not have a clear cut direction — USD/CHF lost 0.43% and ended the session at 0.8954. EUR/USD ended the session at 1.0911 after a 0.39% gain.
Current market events are being influenced by ambiguous macro data as United States Core PCE Price Index (YoY) (May) came out at 4.6, while a consensus of analysts was expecting 4.7.
What are surprising gainers?
Surprising Gainers are low-performing assets that have risen inconsistently with their past behavior and defied their expected daily return, making them surprising. The following list rates assets according to the difference between expectation and actual return: the greater the difference, the higher the rank.
The New-Zealand Dollar | Closed +1.14% at 0.6138
NZD/USD closed yesterday at 0.6138 (with a daily low of 0.6061) after ending Thursday at 0.6069 and gaining 1.14%.
The Pound | Closed +0.69% at 1.2698
- As things stand, the British Pound is 1.69% away from a significant high of 1.2827, first set 13 days ago.
The British Pound is now trading 1.69% away from its significant high of 1.2827 first tested 13 days ago.
