Even though markets are flat, GBP/NZD and EUR/NZD are up and make this list of surprising top currencies gainers.
AUD/USD trades at 0.6642 after losing 0.69%. USD/CHF up to 0.8951, gaining 0.21%. GBP/USD drawing back 0.16% to 1.2727.
Current market events are being influenced by ambiguous macro data as United States New Home Sales (May) came out at 763,000, while a consensus of analysts was expecting 675,000.
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.
GBP/NZD | +0.95% in mid-session
- The past 3 months have been positive for GBP/NZD as it added 4.88% compared to its 3-month low of 1.88.
- While yesterday ended at 2.067, today, GBP/NZD rallied above 2.0878 for the first time in 3 years and gained 196 pips — now trading at 2.0867.
- GBP/NZD is on a 5 day bullish run gaining 102 pips (1.45%).
While yesterday ended at 2.067, today, GBP/NZD rallied above 2.0878 for the first time in 3 years and gained 196 pips — now trading at 2.0867. GBP/NZD now trading 4.88% above its 3-month low of 1.88.
EUR/NZD hits 1.7967, highest rate in 2 months
While yesterday ended at 1.7773, today, EUR/NZD rallied above 1.7967 for the first time in 2 months and gained 183 pips — now trading at 1.7957. Today's gains are adding to EUR/NZD's a 10 day bullish trend, during which it gained a total of 327 pips.