The following tables represents the correlation between the various parities of the foreign exchange market.
The correlation coefficient highlights the similarity of the movements between two parities.
- If the correlation is high (above 80) and positive then the currencies move in the same way.
- If the correlation is high (above 80) and negative then the currencies move in the opposite way.
- If the correlation is low (below 60) then the currencies don't move in the same way.
EURUSD
Daily
4 hours
Hourly
15 min
5 min
EURUSD | GBPUSD | NZDUSD | AUDUSD | NZDCAD | EURCAD | GBPCAD | GBPAUD | EURAUD | AUDCAD | NZDCHF | NZDJPY | EURGBP | CHFJPY | GBPCHF | AUDCHF | EURCHF | GBPNZD | GBPJPY | AUDJPY | CADCHF | AUDNZD | EURJPY | EURNZD | CADJPY | USDCHF | USDJPY | USDCAD | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EURUSD | 97 | 92 | 86 | 73 | 68 | 63 | 41 | 31 | 15 | 6 | -29 | -29 | -35 | -42 | -45 | -48 | -57 | -58 | -58 | -62 | -62 | -62 | -62 | -72 | -86 | -87 | -94 | |
GBPUSD | 97 | 93 | 85 | 77 | 70 | 75 | 48 | 27 | 19 | 5 | -27 | -51 | -32 | -40 | -47 | -52 | -54 | -55 | -58 | -66 | -64 | -63 | -67 | -73 | -87 | -87 | -90 | |
NZDUSD | 92 | 93 | 77 | 92 | 65 | 66 | 47 | 32 | 12 | 4 | -18 | -40 | -22 | -63 | -62 | -70 | -82 | -64 | -65 | -80 | -82 | -70 | -88 | -78 | -95 | -88 | -86 | |
AUDUSD | 86 | 85 | 77 | 58 | 55 | 54 | -6 | -23 | 58 | 48 | -4 | -31 | -33 | -6 | -1 | -14 | -43 | -29 | -19 | -29 | -26 | -34 | -49 | -44 | -58 | -63 | -82 | |
NZDCAD | 73 | 77 | 92 | 58 | 71 | 73 | 48 | 30 | 17 | 2 | -4 | -46 | -6 | -69 | -66 | -78 | -88 | -56 | -60 | -88 | -86 | -64 | -95 | -74 | -87 | -75 | -59 | |
EURCAD | 68 | 70 | 65 | 55 | 71 | 87 | 40 | 27 | 39 | 5 | -10 | -34 | -13 | -27 | -35 | -35 | -38 | -31 | -38 | -61 | -48 | -37 | -46 | -57 | -60 | -56 | -40 | |
GBPCAD | 63 | 75 | 66 | 54 | 73 | 87 | 52 | 19 | 38 | 2 | -9 | -76 | -11 | -24 | -38 | -44 | -32 | -26 | -38 | -64 | -50 | -42 | -55 | -58 | -62 | -56 | -39 | |
GBPAUD | 41 | 48 | 47 | -6 | 48 | 40 | 52 | 89 | -59 | -70 | -45 | -46 | -6 | -67 | -87 | -75 | -30 | -54 | -77 | -76 | -76 | -62 | -43 | -65 | -67 | -59 | -33 | |
EURAUD | 31 | 27 | 32 | -23 | 30 | 27 | 19 | 89 | -78 | -77 | -48 | 1 | -5 | -70 | -84 | -65 | -29 | -56 | -75 | -64 | -69 | -54 | -26 | -54 | -55 | -48 | -26 | |
AUDCAD | 15 | 19 | 12 | 58 | 17 | 39 | 38 | -59 | -78 | 77 | 40 | -23 | -4 | 49 | 58 | 39 | 3 | 34 | 48 | 22 | 35 | 28 | -5 | 15 | 14 | 10 | -1 | |
NZDCHF | 6 | 5 | 4 | 48 | 2 | 5 | 2 | -70 | -77 | 77 | 37 | 3 | -21 | 60 | 69 | 57 | -2 | 28 | 47 | 46 | 37 | 28 | -1 | 23 | 29 | 14 | -6 | |
NZDJPY | -29 | -27 | -18 | -4 | -4 | -10 | -9 | -45 | -48 | 40 | 37 | 4 | 83 | 22 | 34 | 22 | -1 | 80 | 77 | 21 | 24 | 77 | 1 | 70 | 30 | 62 | 32 | |
EURGBP | -29 | -51 | -40 | -31 | -46 | -34 | -76 | -46 | 1 | -23 | 3 | 4 | 2 | 7 | 26 | 38 | 10 | 9 | 23 | 42 | 32 | 31 | 43 | 35 | 39 | 33 | 22 | |
CHFJPY | -35 | -32 | -22 | -33 | -6 | -13 | -11 | -6 | -5 | -4 | -21 | 83 | 2 | -12 | -5 | -11 | 1 | 67 | 53 | -5 | 4 | 65 | 2 | 60 | 15 | 57 | 38 | |
GBPCHF | -42 | -40 | -63 | -6 | -69 | -27 | -24 | -67 | -70 | 49 | 60 | 22 | 7 | -12 | 95 | 96 | 79 | 66 | 74 | 90 | 91 | 65 | 75 | 64 | 80 | 62 | 40 | |
AUDCHF | -45 | -47 | -62 | -1 | -66 | -35 | -38 | -87 | -84 | 58 | 69 | 34 | 26 | -5 | 95 | 96 | 65 | 67 | 82 | 92 | 93 | 70 | 68 | 70 | 82 | 65 | 41 | |
EURCHF | -48 | -52 | -70 | -14 | -78 | -35 | -44 | -75 | -65 | 39 | 57 | 22 | 38 | -11 | 96 | 96 | 77 | 64 | 75 | 96 | 94 | 69 | 82 | 70 | 85 | 66 | 44 | |
GBPNZD | -57 | -54 | -82 | -43 | -88 | -38 | -32 | -30 | -29 | 3 | -2 | -1 | 10 | 1 | 79 | 65 | 77 | 59 | 56 | 77 | 85 | 59 | 94 | 62 | 78 | 65 | 54 | |
GBPJPY | -58 | -55 | -64 | -29 | -56 | -31 | -26 | -54 | -56 | 34 | 28 | 80 | 9 | 67 | 66 | 67 | 64 | 59 | 95 | 63 | 71 | 98 | 57 | 94 | 71 | 89 | 59 | |
AUDJPY | -58 | -58 | -65 | -19 | -60 | -38 | -38 | -77 | -75 | 48 | 47 | 77 | 23 | 53 | 74 | 82 | 75 | 56 | 95 | 75 | 81 | 96 | 59 | 94 | 78 | 88 | 56 | |
CADCHF | -62 | -66 | -80 | -29 | -88 | -61 | -64 | -76 | -64 | 22 | 46 | 21 | 42 | -5 | 90 | 92 | 96 | 77 | 63 | 75 | 95 | 70 | 84 | 77 | 91 | 73 | 49 | |
AUDNZD | -62 | -64 | -82 | -26 | -86 | -48 | -50 | -76 | -69 | 35 | 37 | 24 | 32 | 4 | 91 | 93 | 94 | 85 | 71 | 81 | 95 | 75 | 88 | 78 | 90 | 77 | 55 | |
EURJPY | -62 | -63 | -70 | -34 | -64 | -37 | -42 | -62 | -54 | 28 | 28 | 77 | 31 | 65 | 65 | 70 | 69 | 59 | 98 | 96 | 70 | 75 | 64 | 97 | 76 | 92 | 61 | |
EURNZD | -62 | -67 | -88 | -49 | -95 | -46 | -55 | -43 | -26 | -5 | -1 | 1 | 43 | 2 | 75 | 68 | 82 | 94 | 57 | 59 | 84 | 88 | 64 | 68 | 84 | 70 | 57 | |
CADJPY | -72 | -73 | -78 | -44 | -74 | -57 | -58 | -65 | -54 | 15 | 23 | 70 | 35 | 60 | 64 | 70 | 70 | 62 | 94 | 94 | 77 | 78 | 97 | 68 | 82 | 95 | 64 | |
USDCHF | -86 | -87 | -95 | -58 | -87 | -60 | -62 | -67 | -55 | 14 | 29 | 30 | 39 | 15 | 80 | 82 | 85 | 78 | 71 | 78 | 91 | 90 | 76 | 84 | 82 | 90 | 81 | |
USDJPY | -87 | -87 | -88 | -63 | -75 | -56 | -56 | -59 | -48 | 10 | 14 | 62 | 33 | 57 | 62 | 65 | 66 | 65 | 89 | 88 | 73 | 77 | 92 | 70 | 95 | 90 | 84 | |
USDCAD | -94 | -90 | -86 | -82 | -59 | -40 | -39 | -33 | -26 | -1 | -6 | 32 | 22 | 38 | 40 | 41 | 44 | 54 | 59 | 56 | 49 | 55 | 61 | 57 | 64 | 81 | 84 |
EURUSD | GBPUSD | NZDUSD | AUDUSD | NZDCAD | EURCAD | GBPCAD | GBPAUD | EURAUD | AUDCAD | NZDCHF | NZDJPY | EURGBP | CHFJPY | GBPCHF | AUDCHF | EURCHF | GBPNZD | GBPJPY | AUDJPY | CADCHF | AUDNZD | EURJPY | EURNZD | CADJPY | USDCHF | USDJPY | USDCAD | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EURUSD | 78 | 82 | 85 | 74 | 22 | 41 | -33 | -65 | 66 | 78 | 49 | -46 | 25 | 48 | 66 | 44 | 12 | 41 | 50 | 52 | 45 | 37 | -40 | 35 | -26 | 11 | -67 | |
GBPUSD | 78 | 52 | 87 | 72 | 54 | 85 | 2 | -80 | 93 | 86 | 78 | -91 | 59 | 88 | 91 | 72 | 63 | 83 | 83 | 66 | 83 | 75 | -13 | 68 | 21 | 58 | -24 | |
NZDUSD | 82 | 52 | 81 | 81 | -29 | 3 | -71 | -70 | 47 | 66 | 40 | -21 | 19 | 10 | 43 | -3 | -33 | 17 | 34 | 25 | 15 | 14 | -86 | 23 | -63 | -9 | -90 | |
AUDUSD | 85 | 87 | 81 | 82 | 14 | 53 | -48 | -95 | 88 | 90 | 76 | -68 | 54 | 61 | 86 | 46 | 22 | 65 | 77 | 63 | 70 | 61 | -53 | 63 | -12 | 40 | -60 | |
NZDCAD | 74 | 72 | 81 | 82 | 20 | 46 | -37 | -76 | 74 | 81 | 52 | -55 | 27 | 45 | 65 | 30 | 7 | 41 | 51 | 29 | 41 | 33 | -62 | 31 | -22 | 14 | -47 | |
EURCAD | 22 | 54 | -29 | 14 | 20 | 84 | 67 | -8 | 52 | 36 | 26 | -63 | 17 | 78 | 51 | 83 | 86 | 53 | 37 | 37 | 58 | 46 | 64 | 23 | 74 | 43 | 58 | |
GBPCAD | 41 | 85 | 3 | 53 | 46 | 84 | 45 | -53 | 83 | 64 | 65 | -95 | 54 | 97 | 81 | 85 | 92 | 85 | 74 | 56 | 86 | 76 | 32 | 60 | 63 | 70 | 31 | |
GBPAUD | -33 | 2 | -71 | -48 | -37 | 67 | 45 | 50 | -12 | -29 | -15 | -25 | -4 | 32 | -12 | 35 | 67 | 15 | -9 | -11 | 6 | 11 | 83 | -7 | 62 | 21 | 79 | |
EURAUD | -65 | -80 | -70 | -95 | -76 | -8 | -53 | 50 | -89 | -85 | -82 | 72 | -64 | -61 | -87 | -41 | -25 | -71 | -83 | -61 | -76 | -66 | 53 | -71 | 3 | -53 | 48 | |
AUDCAD | 66 | 93 | 47 | 88 | 74 | 52 | 83 | -12 | -89 | 89 | 82 | -90 | 63 | 87 | 97 | 73 | 60 | 84 | 88 | 69 | 92 | 78 | -17 | 71 | 31 | 64 | -15 | |
NZDCHF | 78 | 86 | 66 | 90 | 81 | 36 | 64 | -29 | -85 | 89 | 75 | -72 | 48 | 76 | 93 | 69 | 36 | 70 | 77 | 80 | 73 | 65 | -35 | 62 | 18 | 47 | -38 | |
NZDJPY | 49 | 78 | 40 | 76 | 52 | 26 | 65 | -15 | -82 | 82 | 75 | -79 | 94 | 72 | 83 | 55 | 50 | 94 | 98 | 66 | 79 | 95 | -21 | 97 | 24 | 88 | -21 | |
EURGBP | -46 | -91 | -21 | -68 | -55 | -63 | -95 | -25 | 72 | -90 | -72 | -79 | -68 | -94 | -87 | -75 | -82 | -91 | -86 | -60 | -89 | -82 | -8 | -73 | -47 | -75 | -10 | |
CHFJPY | 25 | 59 | 19 | 54 | 27 | 17 | 54 | -4 | -64 | 63 | 48 | 94 | -68 | 58 | 63 | 39 | 49 | 89 | 91 | 49 | 69 | 93 | -8 | 98 | 24 | 93 | -8 | |
GBPCHF | 48 | 88 | 10 | 61 | 45 | 78 | 97 | 32 | -61 | 87 | 76 | 72 | -94 | 58 | 90 | 93 | 88 | 89 | 81 | 76 | 91 | 82 | 27 | 68 | 65 | 74 | 20 | |
AUDCHF | 66 | 91 | 43 | 86 | 65 | 51 | 81 | -12 | -87 | 97 | 93 | 83 | -87 | 63 | 90 | 81 | 62 | 86 | 90 | 84 | 93 | 81 | -10 | 75 | 40 | 68 | -16 | |
EURCHF | 44 | 72 | -3 | 46 | 30 | 83 | 85 | 35 | -41 | 73 | 69 | 55 | -75 | 39 | 93 | 81 | 83 | 74 | 65 | 82 | 81 | 70 | 44 | 54 | 76 | 62 | 27 | |
GBPNZD | 12 | 63 | -33 | 22 | 7 | 86 | 92 | 67 | -25 | 60 | 36 | 50 | -82 | 49 | 88 | 62 | 83 | 77 | 60 | 50 | 78 | 70 | 63 | 54 | 80 | 72 | 55 | |
GBPJPY | 41 | 83 | 17 | 65 | 41 | 53 | 85 | 15 | -71 | 84 | 70 | 94 | -91 | 89 | 89 | 86 | 74 | 77 | 97 | 70 | 90 | 98 | 10 | 94 | 49 | 94 | 6 | |
AUDJPY | 50 | 83 | 34 | 77 | 51 | 37 | 74 | -9 | -83 | 88 | 77 | 98 | -86 | 91 | 81 | 90 | 65 | 60 | 97 | 72 | 89 | 97 | -11 | 96 | 34 | 89 | -14 | |
CADCHF | 52 | 66 | 25 | 63 | 29 | 37 | 56 | -11 | -61 | 69 | 80 | 66 | -60 | 49 | 76 | 84 | 82 | 50 | 70 | 72 | 76 | 71 | 6 | 67 | 51 | 60 | -15 | |
AUDNZD | 45 | 83 | 15 | 70 | 41 | 58 | 86 | 6 | -76 | 92 | 73 | 79 | -89 | 69 | 91 | 93 | 81 | 78 | 90 | 89 | 76 | 86 | 15 | 78 | 55 | 79 | 7 | |
EURJPY | 37 | 75 | 14 | 61 | 33 | 46 | 76 | 11 | -66 | 78 | 65 | 95 | -82 | 93 | 82 | 81 | 70 | 70 | 98 | 97 | 71 | 86 | 11 | 97 | 49 | 96 | 4 | |
EURNZD | -40 | -13 | -86 | -53 | -62 | 64 | 32 | 83 | 53 | -17 | -35 | -21 | -8 | -8 | 27 | -10 | 44 | 63 | 10 | -11 | 6 | 15 | 11 | -6 | 76 | 23 | 83 | |
CADJPY | 35 | 68 | 23 | 63 | 31 | 23 | 60 | -7 | -71 | 71 | 62 | 97 | -73 | 98 | 68 | 75 | 54 | 54 | 94 | 96 | 67 | 78 | 97 | -6 | 32 | 94 | -12 | |
USDCHF | -26 | 21 | -63 | -12 | -22 | 74 | 63 | 62 | 3 | 31 | 18 | 24 | -47 | 24 | 65 | 40 | 76 | 80 | 49 | 34 | 51 | 55 | 49 | 76 | 32 | 59 | 77 | |
USDJPY | 11 | 58 | -9 | 40 | 14 | 43 | 70 | 21 | -53 | 64 | 47 | 88 | -75 | 93 | 74 | 68 | 62 | 72 | 94 | 89 | 60 | 79 | 96 | 23 | 94 | 59 | 24 | |
USDCAD | -67 | -24 | -90 | -60 | -47 | 58 | 31 | 79 | 48 | -15 | -38 | -21 | -10 | -8 | 20 | -16 | 27 | 55 | 6 | -14 | -15 | 7 | 4 | 83 | -12 | 77 | 24 |
EURUSD | GBPUSD | NZDUSD | AUDUSD | NZDCAD | EURCAD | GBPCAD | GBPAUD | EURAUD | AUDCAD | NZDCHF | NZDJPY | EURGBP | CHFJPY | GBPCHF | AUDCHF | EURCHF | GBPNZD | GBPJPY | AUDJPY | CADCHF | AUDNZD | EURJPY | EURNZD | CADJPY | USDCHF | USDJPY | USDCAD | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EURUSD | 93 | 89 | 93 | 89 | -8 | -34 | -82 | -72 | 81 | 45 | -4 | 29 | -23 | -61 | 29 | -43 | -79 | -49 | -9 | -63 | -7 | -50 | -65 | -39 | -83 | -74 | -85 | |
GBPUSD | 93 | 95 | 94 | 89 | -37 | -44 | -78 | -82 | 71 | 36 | 10 | -9 | -7 | -73 | 13 | -66 | -83 | -36 | 3 | -73 | -24 | -46 | -81 | -25 | -93 | -67 | -94 | |
NZDUSD | 89 | 95 | 97 | 96 | -49 | -65 | -88 | -90 | 71 | 47 | 21 | -6 | 0 | -80 | 16 | -71 | -96 | -33 | 13 | -70 | -34 | -42 | -92 | -17 | -94 | -62 | -98 | |
AUDUSD | 93 | 94 | 97 | 94 | -35 | -54 | -95 | -93 | 85 | 56 | 5 | 6 | -18 | -68 | 36 | -57 | -91 | -47 | 1 | -59 | -8 | -52 | -84 | -32 | -87 | -73 | -93 | |
NZDCAD | 89 | 89 | 96 | 94 | -31 | -50 | -88 | -86 | 80 | 60 | 5 | 9 | -19 | -68 | 29 | -56 | -93 | -48 | -4 | -62 | -26 | -54 | -85 | -34 | -84 | -72 | -88 | |
EURCAD | -8 | -37 | -49 | -35 | -31 | 83 | 30 | 57 | 9 | 1 | -65 | 73 | -58 | 67 | 35 | 84 | 56 | -34 | -57 | 39 | 61 | -16 | 76 | -49 | 56 | -13 | 59 | |
GBPCAD | -34 | -44 | -65 | -54 | -50 | 83 | 58 | 66 | -16 | -21 | -61 | 22 | -48 | 77 | 13 | 74 | 78 | -18 | -55 | 40 | 51 | -11 | 80 | -38 | 65 | 2 | 71 | |
GBPAUD | -82 | -78 | -88 | -95 | -88 | 30 | 58 | 93 | -90 | -69 | 2 | -20 | 26 | 56 | -54 | 42 | 88 | 52 | 1 | 39 | -8 | 53 | 77 | 36 | 72 | 71 | 82 | |
EURAUD | -72 | -82 | -90 | -93 | -86 | 57 | 66 | 93 | -77 | -58 | -13 | 18 | 10 | 65 | -38 | 62 | 89 | 38 | -11 | 46 | 8 | 47 | 90 | 21 | 79 | 61 | 88 | |
AUDCAD | 81 | 71 | 71 | 85 | 80 | 9 | -16 | -90 | -77 | 71 | -36 | 36 | -58 | -26 | 73 | -10 | -65 | -73 | -32 | -26 | 38 | -71 | -50 | -65 | -52 | -85 | -61 | |
NZDCHF | 45 | 36 | 47 | 56 | 60 | 1 | -21 | -69 | -58 | 71 | -11 | 28 | -41 | 8 | 84 | 16 | -53 | -41 | -7 | 26 | 22 | -36 | -41 | -34 | -15 | -46 | -36 | |
NZDJPY | -4 | 10 | 21 | 5 | 5 | -65 | -61 | 2 | -13 | -36 | -11 | -40 | 95 | -43 | -45 | -50 | -29 | 84 | 97 | -17 | -65 | 78 | -39 | 92 | -29 | 63 | -31 | |
EURGBP | 29 | -9 | -6 | 6 | 9 | 73 | 22 | -20 | 18 | 36 | 28 | -40 | -44 | 23 | 45 | 54 | 2 | -39 | -34 | 17 | 44 | -18 | 34 | -41 | 17 | -28 | 15 | |
CHFJPY | -23 | -7 | 0 | -18 | -19 | -58 | -48 | 26 | 10 | -58 | -41 | 95 | -44 | -37 | -66 | -46 | -6 | 92 | 92 | -19 | -63 | 85 | -19 | 97 | -16 | 76 | -12 | |
GBPCHF | -61 | -73 | -80 | -68 | -68 | 67 | 77 | 56 | 65 | -26 | 8 | -43 | 23 | -37 | 39 | 94 | 80 | 2 | -30 | 89 | 62 | 14 | 83 | -14 | 93 | 30 | 85 | |
AUDCHF | 29 | 13 | 16 | 36 | 29 | 35 | 13 | -54 | -38 | 73 | 84 | -45 | 45 | -66 | 39 | 49 | -17 | -54 | -31 | 47 | 72 | -45 | -1 | -54 | 14 | -48 | -5 | |
EURCHF | -43 | -66 | -71 | -57 | -56 | 84 | 74 | 42 | 62 | -10 | 16 | -50 | 54 | -46 | 94 | 49 | 70 | -11 | -37 | 83 | 69 | 7 | 84 | -26 | 86 | 17 | 79 | |
GBPNZD | -79 | -83 | -96 | -91 | -93 | 56 | 78 | 88 | 89 | -65 | -53 | -29 | 2 | -6 | 80 | -17 | 70 | 27 | -20 | 61 | 40 | 34 | 95 | 9 | 88 | 53 | 93 | |
GBPJPY | -49 | -36 | -33 | -47 | -48 | -34 | -18 | 52 | 38 | -73 | -41 | 84 | -39 | 92 | 2 | -54 | -11 | 27 | 86 | 17 | -43 | 97 | 14 | 98 | 21 | 94 | 21 | |
AUDJPY | -9 | 3 | 13 | 1 | -4 | -57 | -55 | 1 | -11 | -32 | -7 | 97 | -34 | 92 | -30 | -31 | -37 | -20 | 86 | -3 | -45 | 82 | -29 | 93 | -18 | 68 | -23 | |
CADCHF | -63 | -73 | -70 | -59 | -62 | 39 | 40 | 39 | 46 | -26 | 26 | -17 | 17 | -19 | 89 | 47 | 83 | 61 | 17 | -3 | 53 | 28 | 63 | 7 | 87 | 41 | 72 | |
AUDNZD | -7 | -24 | -34 | -8 | -26 | 61 | 51 | -8 | 8 | 38 | 22 | -65 | 44 | -63 | 62 | 72 | 69 | 40 | -43 | -45 | 53 | -31 | 51 | -51 | 46 | -25 | 38 | |
EURJPY | -50 | -46 | -42 | -52 | -54 | -16 | -11 | 53 | 47 | -71 | -36 | 78 | -18 | 85 | 14 | -45 | 7 | 34 | 97 | 82 | 28 | -31 | 27 | 94 | 32 | 95 | 32 | |
EURNZD | -65 | -81 | -92 | -84 | -85 | 76 | 80 | 77 | 90 | -50 | -41 | -39 | 34 | -19 | 83 | -1 | 84 | 95 | 14 | -29 | 63 | 51 | 27 | -4 | 88 | 42 | 93 | |
CADJPY | -39 | -25 | -17 | -32 | -34 | -49 | -38 | 36 | 21 | -65 | -34 | 92 | -41 | 97 | -14 | -54 | -26 | 9 | 98 | 93 | 7 | -51 | 94 | -4 | 6 | 87 | 5 | |
USDCHF | -83 | -93 | -94 | -87 | -84 | 56 | 65 | 72 | 79 | -52 | -15 | -29 | 17 | -16 | 93 | 14 | 86 | 88 | 21 | -18 | 87 | 46 | 32 | 88 | 6 | 52 | 97 | |
USDJPY | -74 | -67 | -62 | -73 | -72 | -13 | 2 | 71 | 61 | -85 | -46 | 63 | -28 | 76 | 30 | -48 | 17 | 53 | 94 | 68 | 41 | -25 | 95 | 42 | 87 | 52 | 53 | |
USDCAD | -85 | -94 | -98 | -93 | -88 | 59 | 71 | 82 | 88 | -61 | -36 | -31 | 15 | -12 | 85 | -5 | 79 | 93 | 21 | -23 | 72 | 38 | 32 | 93 | 5 | 97 | 53 |
EURUSD | GBPUSD | NZDUSD | AUDUSD | NZDCAD | EURCAD | GBPCAD | GBPAUD | EURAUD | AUDCAD | NZDCHF | NZDJPY | EURGBP | CHFJPY | GBPCHF | AUDCHF | EURCHF | GBPNZD | GBPJPY | AUDJPY | CADCHF | AUDNZD | EURJPY | EURNZD | CADJPY | USDCHF | USDJPY | USDCAD | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EURUSD | 99 | 98 | 98 | 84 | 74 | 78 | -86 | -85 | 94 | 65 | -60 | -15 | -68 | 2 | 77 | -2 | -72 | -64 | -54 | -47 | 60 | -65 | -79 | -67 | -95 | -77 | -96 | |
GBPUSD | 99 | 98 | 98 | 82 | 70 | 80 | -85 | -88 | 94 | 68 | -59 | -28 | -68 | 10 | 80 | 2 | -68 | -63 | -53 | -42 | 63 | -64 | -80 | -66 | -93 | -76 | -97 | |
NZDUSD | 98 | 98 | 97 | 90 | 74 | 79 | -87 | -87 | 96 | 70 | -63 | -16 | -72 | -1 | 77 | -6 | -82 | -68 | -58 | -49 | 53 | -69 | -89 | -70 | -95 | -80 | -94 | |
AUDUSD | 98 | 98 | 97 | 81 | 64 | 72 | -94 | -95 | 98 | 67 | -59 | -22 | -68 | 4 | 85 | -2 | -72 | -63 | -52 | -41 | 71 | -65 | -83 | -66 | -93 | -76 | -97 | |
NZDCAD | 84 | 82 | 90 | 81 | 87 | 86 | -71 | -69 | 87 | 55 | -77 | -2 | -84 | -22 | 51 | -29 | -89 | -82 | -76 | -72 | 23 | -82 | -90 | -84 | -88 | -88 | -71 | |
EURCAD | 74 | 70 | 74 | 64 | 87 | 90 | -46 | -42 | 71 | 28 | -77 | 13 | -79 | -31 | 25 | -32 | -65 | -79 | -77 | -80 | 9 | -78 | -60 | -81 | -80 | -82 | -53 | |
GBPCAD | 78 | 80 | 79 | 72 | 86 | 90 | -51 | -56 | 78 | 45 | -77 | -30 | -81 | -3 | 43 | -18 | -56 | -78 | -76 | -65 | 24 | -79 | -68 | -81 | -79 | -84 | -62 | |
GBPAUD | -86 | -85 | -87 | -94 | -71 | -46 | -51 | 98 | -94 | -58 | 54 | 10 | 61 | 5 | -85 | 8 | 73 | 59 | 45 | 35 | -79 | 59 | 79 | 59 | 83 | 69 | 89 | |
EURAUD | -85 | -88 | -87 | -95 | -69 | -42 | -56 | 98 | -94 | -65 | 53 | 32 | 61 | -9 | -90 | 2 | 65 | 57 | 44 | 28 | -82 | 59 | 81 | 58 | 81 | 68 | 90 | |
AUDCAD | 94 | 94 | 96 | 98 | 87 | 71 | 78 | -94 | -94 | 61 | -71 | -19 | -78 | -5 | 80 | -14 | -75 | -75 | -64 | -52 | 67 | -76 | -86 | -77 | -93 | -85 | -90 | |
NZDCHF | 65 | 68 | 70 | 67 | 55 | 28 | 45 | -58 | -65 | 61 | -9 | -40 | -23 | 59 | 83 | 56 | -55 | -15 | -5 | 18 | 34 | -17 | -73 | -18 | -44 | -29 | -71 | |
NZDJPY | -60 | -59 | -63 | -59 | -77 | -77 | -77 | 54 | 53 | -71 | -9 | 1 | 99 | 49 | -22 | 63 | 58 | 100 | 99 | 86 | -26 | 100 | 60 | 99 | 76 | 97 | 44 | |
EURGBP | -15 | -28 | -16 | -22 | -2 | 13 | -30 | 10 | 32 | -19 | -40 | 1 | 6 | -62 | -42 | -32 | -21 | -1 | -3 | -29 | -32 | 3 | 21 | 2 | 4 | 5 | 23 | |
CHFJPY | -68 | -68 | -72 | -68 | -84 | -79 | -81 | 61 | 61 | -78 | -23 | 99 | 6 | 41 | -33 | 54 | 65 | 99 | 98 | 82 | -31 | 100 | 69 | 100 | 81 | 99 | 54 | |
GBPCHF | 2 | 10 | -1 | 4 | -22 | -31 | -3 | 5 | -9 | -5 | 59 | 49 | -62 | 41 | 46 | 92 | 28 | 49 | 52 | 73 | 19 | 46 | 3 | 45 | 27 | 38 | -14 | |
AUDCHF | 77 | 80 | 77 | 85 | 51 | 25 | 43 | -85 | -90 | 80 | 83 | -22 | -42 | -33 | 46 | 41 | -48 | -26 | -12 | 9 | 80 | -28 | -68 | -28 | -60 | -41 | -87 | |
EURCHF | -2 | 2 | -6 | -2 | -29 | -32 | -18 | 8 | 2 | -14 | 56 | 63 | -32 | 54 | 92 | 41 | 27 | 61 | 66 | 81 | 12 | 60 | 13 | 58 | 33 | 51 | -10 | |
GBPNZD | -72 | -68 | -82 | -72 | -89 | -65 | -56 | 73 | 65 | -75 | -55 | 58 | -21 | 65 | 28 | -48 | 27 | 65 | 57 | 58 | -16 | 64 | 91 | 65 | 77 | 70 | 65 | |
GBPJPY | -64 | -63 | -68 | -63 | -82 | -79 | -78 | 59 | 57 | -75 | -15 | 100 | -1 | 99 | 49 | -26 | 61 | 65 | 99 | 86 | -27 | 100 | 66 | 100 | 79 | 98 | 48 | |
AUDJPY | -54 | -53 | -58 | -52 | -76 | -77 | -76 | 45 | 44 | -64 | -5 | 99 | -3 | 98 | 52 | -12 | 66 | 57 | 99 | 88 | -14 | 99 | 57 | 99 | 71 | 95 | 36 | |
CADCHF | -47 | -42 | -49 | -41 | -72 | -80 | -65 | 35 | 28 | -52 | 18 | 86 | -29 | 82 | 73 | 9 | 81 | 58 | 86 | 88 | 0 | 85 | 45 | 86 | 69 | 82 | 26 | |
AUDNZD | 60 | 63 | 53 | 71 | 23 | 9 | 24 | -79 | -82 | 67 | 34 | -26 | -32 | -31 | 19 | 80 | 12 | -16 | -27 | -14 | 0 | -28 | -33 | -27 | -53 | -37 | -71 | |
EURJPY | -65 | -64 | -69 | -65 | -82 | -78 | -79 | 59 | 59 | -76 | -17 | 100 | 3 | 100 | 46 | -28 | 60 | 64 | 100 | 99 | 85 | -28 | 67 | 100 | 79 | 98 | 50 | |
EURNZD | -79 | -80 | -89 | -83 | -90 | -60 | -68 | 79 | 81 | -86 | -73 | 60 | 21 | 69 | 3 | -68 | 13 | 91 | 66 | 57 | 45 | -33 | 67 | 67 | 79 | 74 | 76 | |
CADJPY | -67 | -66 | -70 | -66 | -84 | -81 | -81 | 59 | 58 | -77 | -18 | 99 | 2 | 100 | 45 | -28 | 58 | 65 | 100 | 99 | 86 | -27 | 100 | 67 | 80 | 99 | 51 | |
USDCHF | -95 | -93 | -95 | -93 | -88 | -80 | -79 | 83 | 81 | -93 | -44 | 76 | 4 | 81 | 27 | -60 | 33 | 77 | 79 | 71 | 69 | -53 | 79 | 79 | 80 | 88 | 88 | |
USDJPY | -77 | -76 | -80 | -76 | -88 | -82 | -84 | 69 | 68 | -85 | -29 | 97 | 5 | 99 | 38 | -41 | 51 | 70 | 98 | 95 | 82 | -37 | 98 | 74 | 99 | 88 | 64 | |
USDCAD | -96 | -97 | -94 | -97 | -71 | -53 | -62 | 89 | 90 | -90 | -71 | 44 | 23 | 54 | -14 | -87 | -10 | 65 | 48 | 36 | 26 | -71 | 50 | 76 | 51 | 88 | 64 |
EURUSD | GBPUSD | NZDUSD | AUDUSD | NZDCAD | EURCAD | GBPCAD | GBPAUD | EURAUD | AUDCAD | NZDCHF | NZDJPY | EURGBP | CHFJPY | GBPCHF | AUDCHF | EURCHF | GBPNZD | GBPJPY | AUDJPY | CADCHF | AUDNZD | EURJPY | EURNZD | CADJPY | USDCHF | USDJPY | USDCAD | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EURUSD | 90 | 78 | 89 | 53 | 31 | 30 | -73 | -71 | 89 | 71 | -12 | 6 | -31 | 62 | 85 | 57 | -61 | -24 | -10 | 30 | -3 | -24 | -54 | -25 | -41 | -35 | -61 | |
GBPUSD | 90 | 90 | 88 | 66 | 20 | 41 | -62 | -75 | 86 | 80 | -26 | -38 | -45 | 59 | 75 | 36 | -74 | -39 | -26 | 17 | -22 | -41 | -75 | -40 | -56 | -50 | -62 | |
NZDUSD | 78 | 90 | 70 | 90 | 44 | 65 | -41 | -56 | 84 | 94 | -56 | -40 | -72 | 55 | 57 | 30 | -96 | -69 | -58 | -11 | -56 | -70 | -95 | -69 | -49 | -77 | -31 | |
AUDUSD | 89 | 88 | 70 | 35 | -5 | 3 | -92 | -95 | 89 | 57 | 12 | -12 | -8 | 46 | 91 | 35 | -50 | -2 | 14 | 41 | 20 | -3 | -48 | -3 | -55 | -14 | -82 | |
NZDCAD | 53 | 66 | 90 | 35 | 71 | 89 | -5 | -19 | 66 | 91 | -83 | -35 | -92 | 48 | 27 | 25 | -97 | -90 | -84 | -40 | -82 | -91 | -94 | -91 | -27 | -94 | 13 | |
EURCAD | 31 | 20 | 44 | -5 | 71 | 88 | 24 | 29 | 37 | 57 | -76 | 24 | -77 | 42 | 3 | 46 | -55 | -75 | -75 | -45 | -66 | -72 | -43 | -78 | 20 | -74 | 56 | |
GBPCAD | 30 | 41 | 65 | 3 | 89 | 88 | 27 | 16 | 43 | 73 | -91 | -25 | -93 | 44 | 2 | 27 | -75 | -92 | -91 | -54 | -85 | -92 | -72 | -94 | -1 | -92 | 47 | |
GBPAUD | -73 | -62 | -41 | -92 | -5 | 24 | 27 | 94 | -75 | -29 | -40 | -10 | -23 | -28 | -87 | -30 | 23 | -28 | -43 | -53 | -50 | -28 | 18 | -28 | 44 | -18 | 83 | |
EURAUD | -71 | -75 | -56 | -95 | -19 | 29 | 16 | 94 | -78 | -40 | -27 | 24 | -9 | -29 | -83 | -16 | 37 | -13 | -29 | -43 | -33 | -11 | 39 | -14 | 57 | -2 | 86 | |
AUDCAD | 89 | 86 | 84 | 89 | 66 | 37 | 43 | -75 | -78 | 77 | -24 | -7 | -42 | 56 | 83 | 46 | -73 | -37 | -22 | 13 | -11 | -37 | -66 | -38 | -43 | -47 | -47 | |
NZDCHF | 71 | 80 | 94 | 57 | 91 | 57 | 73 | -29 | -40 | 77 | -63 | -28 | -79 | 76 | 59 | 54 | -93 | -73 | -64 | 1 | -62 | -73 | -89 | -74 | -15 | -80 | -14 | |
NZDJPY | -12 | -26 | -56 | 12 | -83 | -76 | -91 | -40 | -27 | -24 | -63 | 29 | 97 | -27 | 16 | -9 | 70 | 99 | 99 | 62 | 91 | 98 | 69 | 99 | 2 | 96 | -53 | |
EURGBP | 6 | -38 | -40 | -12 | -35 | 24 | -25 | -10 | 24 | -7 | -28 | 29 | 31 | -2 | 7 | 42 | 37 | 33 | 33 | 22 | 40 | 38 | 56 | 32 | 42 | 36 | 16 | |
CHFJPY | -31 | -45 | -72 | -8 | -92 | -77 | -93 | -23 | -9 | -42 | -79 | 97 | 31 | -44 | -5 | -23 | 83 | 99 | 97 | 48 | 90 | 99 | 81 | 99 | 6 | 99 | -37 | |
GBPCHF | 62 | 59 | 55 | 46 | 48 | 42 | 44 | -28 | -29 | 56 | 76 | -27 | -2 | -44 | 71 | 89 | -45 | -33 | -26 | 51 | -21 | -33 | -42 | -35 | 34 | -39 | -19 | |
AUDCHF | 85 | 75 | 57 | 91 | 27 | 3 | 2 | -87 | -83 | 83 | 59 | 16 | 7 | -5 | 71 | 68 | -39 | 4 | 19 | 65 | 27 | 4 | -33 | 3 | -15 | -7 | -71 | |
EURCHF | 57 | 36 | 30 | 35 | 25 | 46 | 27 | -30 | -16 | 46 | 54 | -9 | 42 | -23 | 89 | 68 | -22 | -12 | -7 | 58 | 1 | -10 | -10 | -14 | 51 | -17 | -11 | |
GBPNZD | -61 | -74 | -96 | -50 | -97 | -55 | -75 | 23 | 37 | -73 | -93 | 70 | 37 | 83 | -45 | -39 | -22 | 81 | 72 | 29 | 73 | 82 | 98 | 81 | 39 | 86 | 7 | |
GBPJPY | -24 | -39 | -69 | -2 | -90 | -75 | -92 | -28 | -13 | -37 | -73 | 99 | 33 | 99 | -33 | 4 | -12 | 81 | 99 | 57 | 92 | 100 | 80 | 100 | 11 | 99 | -41 | |
AUDJPY | -10 | -26 | -58 | 14 | -84 | -75 | -91 | -43 | -29 | -22 | -64 | 99 | 33 | 97 | -26 | 19 | -7 | 72 | 99 | 63 | 95 | 98 | 72 | 99 | 3 | 96 | -53 | |
CADCHF | 30 | 17 | -11 | 41 | -40 | -45 | -54 | -53 | -43 | 13 | 1 | 62 | 22 | 48 | 51 | 65 | 58 | 29 | 57 | 63 | 62 | 58 | 30 | 57 | 32 | 52 | -63 | |
AUDNZD | -3 | -22 | -56 | 20 | -82 | -66 | -85 | -50 | -33 | -11 | -62 | 91 | 40 | 90 | -21 | 27 | 1 | 73 | 92 | 95 | 62 | 92 | 74 | 92 | 3 | 89 | -52 | |
EURJPY | -24 | -41 | -70 | -3 | -91 | -72 | -92 | -28 | -11 | -37 | -73 | 98 | 38 | 99 | -33 | 4 | -10 | 82 | 100 | 98 | 58 | 92 | 82 | 100 | 14 | 99 | -39 | |
EURNZD | -54 | -75 | -95 | -48 | -94 | -43 | -72 | 18 | 39 | -66 | -89 | 69 | 56 | 81 | -42 | -33 | -10 | 98 | 80 | 72 | 30 | 74 | 82 | 80 | 45 | 85 | 11 | |
CADJPY | -25 | -40 | -69 | -3 | -91 | -78 | -94 | -28 | -14 | -38 | -74 | 99 | 32 | 99 | -35 | 3 | -14 | 81 | 100 | 99 | 57 | 92 | 100 | 80 | 10 | 99 | -42 | |
USDCHF | -41 | -56 | -49 | -55 | -27 | 20 | -1 | 44 | 57 | -43 | -15 | 2 | 42 | 6 | 34 | -15 | 51 | 39 | 11 | 3 | 32 | 3 | 14 | 45 | 10 | 18 | 53 | |
USDJPY | -35 | -50 | -77 | -14 | -94 | -74 | -92 | -18 | -2 | -47 | -80 | 96 | 36 | 99 | -39 | -7 | -17 | 86 | 99 | 96 | 52 | 89 | 99 | 85 | 99 | 18 | -30 | |
USDCAD | -61 | -62 | -31 | -82 | 13 | 56 | 47 | 83 | 86 | -47 | -14 | -53 | 16 | -37 | -19 | -71 | -11 | 7 | -41 | -53 | -63 | -52 | -39 | 11 | -42 | 53 | -30 |
The correlation of currencies allows for better evaluation of the risk of a combination of positions. Correlation measures the relationship existing between two currency pairs. For example, it enables us to know whether two currency pairs are going to move in a similar way or not.
Two correlated currencies will have a coefficient close to 100 if they move in the same direction and of -100 if they move in opposite directions. A correlation close to 0 shows that the movements in the two currency pairs are not related.
How is it calculated?
The calculation of the correlation on this site uses the standard formula known as the "Pearson coefficient of correlation". The length of the series is given by the "Num Period" field. For further information about the calculation, you can visit the Wikipedia page: http://en.wikipedia.org/wiki/Correlation_and_dependence
How is the data used?
Management of risks
It may be important to know whether the open positions in a portfolio are correlated. If you have open trades in three currency pairs which are strongly correlated (for example EURUSD, USDCHF and USDNOK), you must anticipate the fact that if one of the positions reaches its stop-loss, then the other two are very likely to also be loss-making positions. In this case, it is important to adjust the size of the positions in order to avoid a serious loss.
Modification of the market
A modification of the correlation, principally over the long-term, may demonstrate that the market is undergoing a change. For example, if EURUSD and GBPUSD are strongly correlated for several months and then de-correlate, that may be a sign that market sentiment concerning the EUR and/or GBP is in the process of changing; one may be seeing the start or end of a trend in one of the two currencies.