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 | EURGBP | NZDJPY | CHFJPY | GBPCHF | AUDCHF | EURCHF | AUDJPY | GBPJPY | GBPNZD | EURJPY | CADCHF | AUDNZD | EURNZD | CADJPY | USDJPY | USDCHF | USDCAD | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EURUSD | 97 | 94 | 78 | 73 | 67 | 64 | 37 | 29 | 7 | 6 | -31 | -32 | -40 | -44 | -46 | -50 | -56 | -57 | -59 | -61 | -64 | -65 | -66 | -71 | -87 | -90 | -94 | |
GBPUSD | 97 | 95 | 76 | 77 | 67 | 76 | 45 | 28 | 8 | 3 | -53 | -32 | -38 | -43 | -50 | -56 | -57 | -54 | -55 | -63 | -69 | -68 | -71 | -73 | -87 | -91 | -90 | |
NZDUSD | 94 | 95 | 77 | 90 | 70 | 71 | 35 | 21 | 15 | 10 | -42 | -25 | -35 | -58 | -52 | -66 | -58 | -61 | -79 | -67 | -77 | -75 | -87 | -77 | -88 | -94 | -86 | |
AUDUSD | 78 | 76 | 77 | 65 | 58 | 53 | -24 | -37 | 63 | 54 | -23 | 10 | -24 | -6 | 11 | -13 | -3 | -20 | -57 | -25 | -31 | -16 | -60 | -36 | -54 | -56 | -71 | |
NZDCAD | 73 | 77 | 90 | 65 | 81 | 81 | 25 | 9 | 32 | 14 | -46 | -9 | -19 | -60 | -48 | -69 | -46 | -51 | -86 | -59 | -84 | -72 | -95 | -73 | -72 | -82 | -54 | |
EURCAD | 67 | 67 | 70 | 58 | 81 | 86 | 22 | 12 | 40 | 13 | -30 | -3 | -12 | -33 | -31 | -40 | -30 | -29 | -52 | -34 | -68 | -48 | -59 | -56 | -54 | -63 | -38 | |
GBPCAD | 64 | 76 | 71 | 53 | 81 | 86 | 41 | 14 | 30 | 3 | -75 | -9 | -13 | -30 | -40 | -53 | -37 | -28 | -40 | -43 | -73 | -55 | -66 | -60 | -58 | -68 | -40 | |
GBPAUD | 37 | 45 | 35 | -24 | 25 | 22 | 41 | 93 | -75 | -70 | -47 | -61 | -24 | -56 | -89 | -66 | -81 | -52 | -4 | -60 | -61 | -79 | -23 | -59 | -56 | -58 | -36 | |
EURAUD | 29 | 28 | 21 | -37 | 9 | 12 | 14 | 93 | -87 | -74 | -10 | -63 | -23 | -57 | -86 | -55 | -78 | -53 | -2 | -52 | -49 | -72 | -6 | -49 | -47 | -47 | -30 | |
AUDCAD | 7 | 8 | 15 | 63 | 32 | 40 | 30 | -75 | -87 | 75 | -6 | 57 | 16 | 36 | 64 | 31 | 57 | 34 | -25 | 31 | 11 | 43 | -24 | 17 | 16 | 12 | 9 | |
NZDCHF | 6 | 3 | 10 | 54 | 14 | 13 | 3 | -70 | -74 | 75 | 10 | 48 | -10 | 60 | 74 | 57 | 52 | 30 | -20 | 31 | 41 | 41 | -13 | 24 | 16 | 26 | -2 | |
EURGBP | -31 | -53 | -42 | -23 | -46 | -30 | -75 | -47 | -10 | -6 | 10 | 13 | 9 | 13 | 34 | 46 | 30 | 14 | 6 | 36 | 48 | 40 | 47 | 40 | 38 | 44 | 25 | |
NZDJPY | -32 | -32 | -25 | 10 | -9 | -3 | -9 | -61 | -63 | 57 | 48 | 13 | 82 | 41 | 58 | 42 | 87 | 86 | 5 | 84 | 34 | 50 | 10 | 75 | 68 | 42 | 38 | |
CHFJPY | -40 | -38 | -35 | -24 | -19 | -12 | -13 | -24 | -23 | 16 | -10 | 9 | 82 | 9 | 19 | 11 | 65 | 79 | 19 | 76 | 13 | 30 | 21 | 70 | 67 | 31 | 45 | |
GBPCHF | -44 | -43 | -58 | -6 | -60 | -33 | -30 | -56 | -57 | 36 | 60 | 13 | 41 | 9 | 88 | 94 | 72 | 68 | 67 | 68 | 87 | 84 | 64 | 68 | 64 | 77 | 40 | |
AUDCHF | -46 | -50 | -52 | 11 | -48 | -31 | -40 | -89 | -86 | 64 | 74 | 34 | 58 | 19 | 88 | 90 | 87 | 69 | 39 | 72 | 84 | 92 | 49 | 72 | 67 | 76 | 43 | |
EURCHF | -50 | -56 | -66 | -13 | -69 | -40 | -53 | -66 | -55 | 31 | 57 | 46 | 42 | 11 | 94 | 90 | 75 | 66 | 62 | 73 | 95 | 89 | 74 | 74 | 70 | 84 | 44 | |
AUDJPY | -56 | -57 | -58 | -3 | -46 | -30 | -37 | -81 | -78 | 57 | 52 | 30 | 87 | 65 | 72 | 87 | 75 | 93 | 40 | 94 | 71 | 87 | 48 | 91 | 86 | 74 | 56 | |
GBPJPY | -57 | -54 | -61 | -20 | -51 | -29 | -28 | -52 | -53 | 34 | 30 | 14 | 86 | 79 | 68 | 69 | 66 | 93 | 55 | 97 | 63 | 74 | 55 | 94 | 89 | 70 | 57 | |
GBPNZD | -59 | -55 | -79 | -57 | -86 | -52 | -40 | -4 | -2 | -25 | -20 | 6 | 5 | 19 | 67 | 39 | 62 | 40 | 55 | 54 | 68 | 64 | 91 | 61 | 62 | 70 | 50 | |
EURJPY | -61 | -63 | -67 | -25 | -59 | -34 | -43 | -60 | -52 | 31 | 31 | 36 | 84 | 76 | 68 | 72 | 73 | 94 | 97 | 54 | 71 | 79 | 62 | 97 | 92 | 76 | 60 | |
CADCHF | -64 | -69 | -77 | -31 | -84 | -68 | -73 | -61 | -49 | 11 | 41 | 48 | 34 | 13 | 87 | 84 | 95 | 71 | 63 | 68 | 71 | 88 | 80 | 80 | 75 | 90 | 49 | |
AUDNZD | -65 | -68 | -75 | -16 | -72 | -48 | -55 | -79 | -72 | 43 | 41 | 40 | 50 | 30 | 84 | 92 | 89 | 87 | 74 | 64 | 79 | 88 | 73 | 82 | 81 | 87 | 59 | |
EURNZD | -66 | -71 | -87 | -60 | -95 | -59 | -66 | -23 | -6 | -24 | -13 | 47 | 10 | 21 | 64 | 49 | 74 | 48 | 55 | 91 | 62 | 80 | 73 | 70 | 71 | 80 | 55 | |
CADJPY | -71 | -73 | -77 | -36 | -73 | -56 | -60 | -59 | -49 | 17 | 24 | 40 | 75 | 70 | 68 | 72 | 74 | 91 | 94 | 61 | 97 | 80 | 82 | 70 | 95 | 83 | 62 | |
USDJPY | -87 | -87 | -88 | -54 | -72 | -54 | -58 | -56 | -47 | 16 | 16 | 38 | 68 | 67 | 64 | 67 | 70 | 86 | 89 | 62 | 92 | 75 | 81 | 71 | 95 | 91 | 84 | |
USDCHF | -90 | -91 | -94 | -56 | -82 | -63 | -68 | -58 | -47 | 12 | 26 | 44 | 42 | 31 | 77 | 76 | 84 | 74 | 70 | 70 | 76 | 90 | 87 | 80 | 83 | 91 | 83 | |
USDCAD | -94 | -90 | -86 | -71 | -54 | -38 | -40 | -36 | -30 | 9 | -2 | 25 | 38 | 45 | 40 | 43 | 44 | 56 | 57 | 50 | 60 | 49 | 59 | 55 | 62 | 84 | 83 |
EURUSD | GBPUSD | NZDUSD | AUDUSD | NZDCAD | EURCAD | GBPCAD | GBPAUD | EURAUD | AUDCAD | NZDCHF | EURGBP | NZDJPY | CHFJPY | GBPCHF | AUDCHF | EURCHF | AUDJPY | GBPJPY | GBPNZD | EURJPY | CADCHF | AUDNZD | EURNZD | CADJPY | USDJPY | USDCHF | USDCAD | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EURUSD | 86 | 97 | 98 | 95 | 48 | -24 | -96 | -93 | 96 | 74 | 80 | -30 | -54 | -90 | 76 | -78 | -29 | -72 | -95 | -66 | -88 | 24 | -90 | -70 | -80 | -95 | -75 | |
GBPUSD | 86 | 88 | 87 | 76 | 13 | -25 | -76 | -85 | 75 | 65 | 37 | -17 | -38 | -71 | 62 | -78 | -17 | -53 | -78 | -53 | -67 | 10 | -86 | -50 | -65 | -87 | -86 | |
NZDUSD | 97 | 88 | 99 | 95 | 32 | -38 | -96 | -97 | 92 | 80 | 71 | -20 | -46 | -92 | 75 | -85 | -20 | -66 | -98 | -61 | -83 | 11 | -98 | -62 | -75 | -97 | -84 | |
AUDUSD | 98 | 87 | 99 | 94 | 35 | -36 | -98 | -99 | 95 | 78 | 74 | -26 | -51 | -91 | 81 | -82 | -23 | -70 | -97 | -65 | -84 | 27 | -95 | -66 | -78 | -96 | -82 | |
NZDCAD | 95 | 76 | 95 | 94 | 58 | -13 | -94 | -90 | 97 | 78 | 82 | -24 | -49 | -89 | 74 | -75 | -24 | -69 | -96 | -61 | -92 | 12 | -91 | -67 | -75 | -91 | -62 | |
EURCAD | 48 | 13 | 32 | 35 | 58 | 59 | -41 | -25 | 61 | 25 | 72 | -35 | -43 | -37 | 35 | -7 | -32 | -46 | -37 | -37 | -66 | 28 | -18 | -55 | -43 | -31 | 22 | |
GBPCAD | -24 | -25 | -38 | -36 | -13 | 59 | 38 | 44 | -12 | -30 | -14 | -9 | 2 | 39 | -25 | 47 | -8 | 15 | 40 | 14 | -1 | 3 | 46 | 0 | 18 | 37 | 71 | |
GBPAUD | -96 | -76 | -96 | -98 | -94 | -41 | 38 | 97 | -96 | -77 | -83 | 28 | 52 | 92 | -82 | 79 | 25 | 72 | 98 | 65 | 84 | -31 | 93 | 67 | 78 | 93 | 76 | |
EURAUD | -93 | -85 | -97 | -99 | -90 | -25 | 44 | 97 | -92 | -78 | -68 | 21 | 47 | 89 | -82 | 83 | 19 | 66 | 96 | 61 | 78 | -28 | 96 | 60 | 74 | 94 | 85 | |
AUDCAD | 96 | 75 | 92 | 95 | 97 | 61 | -12 | -96 | -92 | 74 | 85 | -32 | -55 | -88 | 81 | -71 | -28 | -73 | -93 | -65 | -91 | 34 | -86 | -72 | -78 | -89 | -60 | |
NZDCHF | 74 | 65 | 80 | 78 | 78 | 25 | -30 | -77 | -78 | 74 | 56 | 22 | -8 | -55 | 88 | -42 | 23 | -25 | -81 | -18 | -47 | 1 | -81 | -21 | -34 | -63 | -64 | |
EURGBP | 80 | 37 | 71 | 74 | 82 | 72 | -14 | -83 | -68 | 85 | 56 | -36 | -54 | -79 | 64 | -49 | -33 | -69 | -80 | -57 | -80 | 32 | -62 | -67 | -68 | -69 | -35 | |
NZDJPY | -30 | -17 | -20 | -26 | -24 | -35 | -9 | 28 | 21 | -32 | 22 | -36 | 95 | 42 | 2 | 36 | 99 | 86 | 20 | 89 | 49 | -38 | 11 | 88 | 80 | 35 | 7 | |
CHFJPY | -54 | -38 | -46 | -51 | -49 | -43 | 2 | 52 | 47 | -55 | -8 | -54 | 95 | 61 | -25 | 51 | 94 | 96 | 46 | 97 | 65 | -39 | 38 | 97 | 93 | 56 | 29 | |
GBPCHF | -90 | -71 | -92 | -91 | -89 | -37 | 39 | 92 | 89 | -88 | -55 | -79 | 42 | 61 | -54 | 92 | 43 | 81 | 94 | 76 | 92 | -14 | 89 | 76 | 85 | 96 | 72 | |
AUDCHF | 76 | 62 | 75 | 81 | 74 | 35 | -25 | -82 | -82 | 81 | 88 | 64 | 2 | -25 | -54 | -36 | 9 | -38 | -76 | -30 | -48 | 47 | -71 | -35 | -45 | -61 | -59 | |
EURCHF | -78 | -78 | -85 | -82 | -75 | -7 | 47 | 79 | 83 | -71 | -42 | -49 | 36 | 51 | 92 | -36 | 39 | 70 | 82 | 71 | 80 | 0 | 87 | 64 | 77 | 93 | 81 | |
AUDJPY | -29 | -17 | -20 | -23 | -24 | -32 | -8 | 25 | 19 | -28 | 23 | -33 | 99 | 94 | 43 | 9 | 39 | 85 | 20 | 89 | 49 | -24 | 13 | 87 | 79 | 35 | 8 | |
GBPJPY | -72 | -53 | -66 | -70 | -69 | -46 | 15 | 72 | 66 | -73 | -25 | -69 | 86 | 96 | 81 | -38 | 70 | 85 | 67 | 99 | 81 | -34 | 59 | 99 | 99 | 76 | 46 | |
GBPNZD | -95 | -78 | -98 | -97 | -96 | -37 | 40 | 98 | 96 | -93 | -81 | -80 | 20 | 46 | 94 | -76 | 82 | 20 | 67 | 61 | 84 | -10 | 97 | 62 | 74 | 95 | 78 | |
EURJPY | -66 | -53 | -61 | -65 | -61 | -37 | 14 | 65 | 61 | -65 | -18 | -57 | 89 | 97 | 76 | -30 | 71 | 89 | 99 | 61 | 76 | -31 | 55 | 98 | 98 | 72 | 46 | |
CADCHF | -88 | -67 | -83 | -84 | -92 | -66 | -1 | 84 | 78 | -91 | -47 | -80 | 49 | 65 | 92 | -48 | 80 | 49 | 81 | 84 | 76 | -17 | 76 | 82 | 84 | 89 | 48 | |
AUDNZD | 24 | 10 | 11 | 27 | 12 | 28 | 3 | -31 | -28 | 34 | 1 | 32 | -38 | -39 | -14 | 47 | 0 | -24 | -34 | -10 | -31 | -17 | 0 | -35 | -33 | -14 | -6 | |
EURNZD | -90 | -86 | -98 | -95 | -91 | -18 | 46 | 93 | 96 | -86 | -81 | -62 | 11 | 38 | 89 | -71 | 87 | 13 | 59 | 97 | 55 | 76 | 0 | 53 | 68 | 94 | 87 | |
CADJPY | -70 | -50 | -62 | -66 | -67 | -55 | 0 | 67 | 60 | -72 | -21 | -67 | 88 | 97 | 76 | -35 | 64 | 87 | 99 | 62 | 98 | 82 | -35 | 53 | 97 | 71 | 36 | |
USDJPY | -80 | -65 | -75 | -78 | -75 | -43 | 18 | 78 | 74 | -78 | -34 | -68 | 80 | 93 | 85 | -45 | 77 | 79 | 99 | 74 | 98 | 84 | -33 | 68 | 97 | 83 | 57 | |
USDCHF | -95 | -87 | -97 | -96 | -91 | -31 | 37 | 93 | 94 | -89 | -63 | -69 | 35 | 56 | 96 | -61 | 93 | 35 | 76 | 95 | 72 | 89 | -14 | 94 | 71 | 83 | 83 | |
USDCAD | -75 | -86 | -84 | -82 | -62 | 22 | 71 | 76 | 85 | -60 | -64 | -35 | 7 | 29 | 72 | -59 | 81 | 8 | 46 | 78 | 46 | 48 | -6 | 87 | 36 | 57 | 83 |
EURUSD | GBPUSD | NZDUSD | AUDUSD | NZDCAD | EURCAD | GBPCAD | GBPAUD | EURAUD | AUDCAD | NZDCHF | EURGBP | NZDJPY | CHFJPY | GBPCHF | AUDCHF | EURCHF | AUDJPY | GBPJPY | GBPNZD | EURJPY | CADCHF | AUDNZD | EURNZD | CADJPY | USDJPY | USDCHF | USDCAD | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EURUSD | 62 | 88 | 85 | 66 | 55 | 45 | -66 | -64 | 71 | 57 | 19 | 37 | 22 | -7 | 60 | 10 | 39 | 16 | -54 | 20 | -34 | 22 | -61 | 7 | -4 | -68 | -46 | |
GBPUSD | 62 | 50 | 62 | 12 | -13 | 67 | -10 | -53 | 32 | 15 | -65 | -1 | -7 | 43 | 37 | -16 | 10 | 7 | 17 | -10 | -1 | 36 | -30 | -7 | -25 | -58 | -78 | |
NZDUSD | 88 | 50 | 82 | 88 | 62 | 50 | -70 | -67 | 76 | 75 | 23 | 36 | 13 | -19 | 57 | -1 | 32 | 5 | -77 | 11 | -46 | -2 | -92 | -5 | -11 | -66 | -25 | |
AUDUSD | 85 | 62 | 82 | 65 | 51 | 59 | -85 | -95 | 92 | 55 | 5 | 40 | 28 | 1 | 83 | 5 | 53 | 23 | -48 | 23 | -35 | 56 | -64 | 12 | 3 | -61 | -34 | |
NZDCAD | 66 | 12 | 88 | 65 | 86 | 47 | -75 | -56 | 79 | 72 | 49 | 43 | 24 | -43 | 46 | -4 | 35 | 7 | -91 | 19 | -66 | -13 | -91 | -3 | 3 | -52 | 24 | |
EURCAD | 55 | -13 | 62 | 51 | 86 | 39 | -74 | -42 | 76 | 50 | 69 | 51 | 44 | -53 | 38 | 5 | 46 | 21 | -80 | 37 | -71 | 0 | -57 | 13 | 24 | -38 | 50 | |
GBPCAD | 45 | 67 | 50 | 59 | 47 | 39 | -29 | -59 | 60 | 17 | -40 | 19 | 18 | 11 | 35 | -31 | 26 | 18 | -7 | 7 | -50 | 30 | -45 | -3 | -4 | -56 | -6 | |
GBPAUD | -66 | -10 | -70 | -85 | -75 | -74 | -29 | 84 | -94 | -60 | -50 | -51 | -39 | 28 | -80 | -16 | -59 | -24 | 72 | -35 | 44 | -47 | 61 | -18 | -20 | 38 | -10 | |
EURAUD | -64 | -53 | -67 | -95 | -56 | -42 | -59 | 84 | -91 | -46 | 4 | -37 | -27 | -6 | -86 | -1 | -53 | -24 | 37 | -22 | 31 | -69 | 56 | -12 | -7 | 48 | 22 | |
AUDCAD | 71 | 32 | 76 | 92 | 79 | 76 | 60 | -94 | -91 | 56 | 28 | 50 | 39 | -20 | 79 | 3 | 59 | 27 | -63 | 33 | -54 | 50 | -66 | 15 | 16 | -51 | 6 | |
NZDCHF | 57 | 15 | 75 | 55 | 72 | 50 | 17 | -60 | -46 | 56 | 36 | 71 | 47 | 17 | 69 | 58 | 61 | 46 | -74 | 52 | 4 | -12 | -76 | 43 | 40 | 0 | -6 | |
EURGBP | 19 | -65 | 23 | 5 | 49 | 69 | -40 | -50 | 4 | 28 | 36 | 35 | 29 | -61 | 11 | 28 | 25 | 6 | -74 | 30 | -31 | -24 | -22 | 14 | 26 | 6 | 54 | |
NZDJPY | 37 | -1 | 36 | 40 | 43 | 51 | 19 | -51 | -37 | 50 | 71 | 35 | 95 | 33 | 70 | 74 | 96 | 92 | -40 | 96 | 15 | 19 | -28 | 89 | 89 | 27 | 16 | |
CHFJPY | 22 | -7 | 13 | 28 | 24 | 44 | 18 | -39 | -27 | 39 | 47 | 29 | 95 | 34 | 58 | 68 | 95 | 96 | -19 | 98 | 16 | 29 | -3 | 93 | 95 | 33 | 23 | |
GBPCHF | -7 | 43 | -19 | 1 | -43 | -53 | 11 | 28 | -6 | -20 | 17 | -61 | 33 | 34 | 35 | 59 | 38 | 60 | 53 | 42 | 81 | 29 | 26 | 59 | 45 | 49 | -49 | |
AUDCHF | 60 | 37 | 57 | 83 | 46 | 38 | 35 | -80 | -86 | 79 | 69 | 11 | 70 | 58 | 35 | 52 | 81 | 60 | -37 | 60 | 9 | 64 | -43 | 54 | 47 | -6 | -21 | |
EURCHF | 10 | -16 | -1 | 5 | -4 | 5 | -31 | -16 | -1 | 3 | 58 | 28 | 74 | 68 | 59 | 52 | 70 | 77 | -11 | 80 | 67 | 9 | 9 | 85 | 80 | 67 | -5 | |
AUDJPY | 39 | 10 | 32 | 53 | 35 | 46 | 26 | -59 | -53 | 59 | 61 | 25 | 96 | 95 | 38 | 81 | 70 | 92 | -28 | 94 | 16 | 46 | -19 | 89 | 87 | 22 | 8 | |
GBPJPY | 16 | 7 | 5 | 23 | 7 | 21 | 18 | -24 | -24 | 27 | 46 | 6 | 92 | 96 | 60 | 60 | 77 | 92 | 0 | 97 | 39 | 33 | 5 | 98 | 95 | 44 | 5 | |
GBPNZD | -54 | 17 | -77 | -48 | -91 | -80 | -7 | 72 | 37 | -63 | -74 | -74 | -40 | -19 | 53 | -37 | -11 | -28 | 0 | -18 | 52 | 28 | 82 | 1 | -5 | 33 | -29 | |
EURJPY | 20 | -10 | 11 | 23 | 19 | 37 | 7 | -35 | -22 | 33 | 52 | 30 | 96 | 98 | 42 | 60 | 80 | 94 | 97 | -18 | 30 | 26 | 0 | 97 | 97 | 44 | 18 | |
CADCHF | -34 | -1 | -46 | -35 | -66 | -71 | -50 | 44 | 31 | -54 | 4 | -31 | 15 | 16 | 81 | 9 | 67 | 16 | 39 | 52 | 30 | 7 | 49 | 50 | 39 | 75 | -40 | |
AUDNZD | 22 | 36 | -2 | 56 | -13 | 0 | 30 | -47 | -69 | 50 | -12 | -24 | 19 | 29 | 29 | 64 | 9 | 46 | 33 | 28 | 26 | 7 | 21 | 28 | 21 | -9 | -23 | |
EURNZD | -61 | -30 | -92 | -64 | -91 | -57 | -45 | 61 | 56 | -66 | -76 | -22 | -28 | -3 | 26 | -43 | 9 | -19 | 5 | 82 | 0 | 49 | 21 | 15 | 15 | 53 | 3 | |
CADJPY | 7 | -7 | -5 | 12 | -3 | 13 | -3 | -18 | -12 | 15 | 43 | 14 | 89 | 93 | 59 | 54 | 85 | 89 | 98 | 1 | 97 | 50 | 28 | 15 | 97 | 57 | 6 | |
USDJPY | -4 | -25 | -11 | 3 | 3 | 24 | -4 | -20 | -7 | 16 | 40 | 26 | 89 | 95 | 45 | 47 | 80 | 87 | 95 | -5 | 97 | 39 | 21 | 15 | 97 | 61 | 29 | |
USDCHF | -68 | -58 | -66 | -61 | -52 | -38 | -56 | 38 | 48 | -51 | 0 | 6 | 27 | 33 | 49 | -6 | 67 | 22 | 44 | 33 | 44 | 75 | -9 | 53 | 57 | 61 | 30 | |
USDCAD | -46 | -78 | -25 | -34 | 24 | 50 | -6 | -10 | 22 | 6 | -6 | 54 | 16 | 23 | -49 | -21 | -5 | 8 | 5 | -29 | 18 | -40 | -23 | 3 | 6 | 29 | 30 |
EURUSD | GBPUSD | NZDUSD | AUDUSD | NZDCAD | EURCAD | GBPCAD | GBPAUD | EURAUD | AUDCAD | NZDCHF | EURGBP | NZDJPY | CHFJPY | GBPCHF | AUDCHF | EURCHF | AUDJPY | GBPJPY | GBPNZD | EURJPY | CADCHF | AUDNZD | EURNZD | CADJPY | USDJPY | USDCHF | USDCAD | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EURUSD | 83 | 78 | 82 | 25 | -21 | 56 | -76 | -76 | 79 | 11 | -54 | -10 | -25 | 28 | 67 | -18 | 52 | -3 | 17 | -26 | -8 | 73 | -36 | -23 | -51 | -69 | -88 | |
GBPUSD | 83 | 66 | 92 | 6 | -51 | 86 | -81 | -89 | 89 | 11 | -92 | -9 | -22 | 59 | 82 | -13 | 67 | 16 | 52 | -22 | 9 | 89 | -31 | -13 | -43 | -56 | -90 | |
NZDUSD | 78 | 66 | 75 | 73 | -23 | 42 | -74 | -71 | 74 | 59 | -44 | 30 | -4 | 38 | 70 | 8 | 64 | 19 | -30 | 1 | 16 | 54 | -87 | 5 | -21 | -38 | -72 | |
AUDUSD | 82 | 92 | 75 | 17 | -57 | 67 | -98 | -99 | 99 | 30 | -79 | 3 | -20 | 61 | 95 | 2 | 80 | 19 | 31 | -14 | 25 | 96 | -46 | -4 | -36 | -44 | -92 | |
NZDCAD | 25 | 6 | 73 | 17 | 31 | 6 | -21 | -14 | 20 | 69 | 9 | 62 | 36 | 9 | 19 | 22 | 33 | 32 | -75 | 36 | 7 | -8 | -88 | 32 | 26 | 2 | -5 | |
EURCAD | -21 | -51 | -23 | -57 | 31 | -21 | 57 | 62 | -53 | -16 | 62 | 22 | 46 | -51 | -61 | -7 | -37 | 6 | -38 | 33 | -47 | -63 | 17 | 14 | 35 | 6 | 65 | |
GBPCAD | 56 | 86 | 42 | 67 | 6 | -21 | -53 | -66 | 69 | 3 | -90 | 6 | 7 | 58 | 60 | -12 | 59 | 38 | 61 | 0 | -3 | 68 | -18 | 5 | -15 | -41 | -54 | |
GBPAUD | -76 | -81 | -74 | -98 | -21 | 57 | -53 | 98 | -98 | -37 | 68 | -9 | 18 | -58 | -96 | -10 | -82 | -19 | -18 | 9 | -32 | -94 | 50 | -1 | 30 | 35 | 87 | |
EURAUD | -76 | -89 | -71 | -99 | -14 | 62 | -66 | 98 | -99 | -32 | 81 | -6 | 18 | -65 | -97 | -7 | -83 | -22 | -32 | 11 | -31 | -97 | 46 | -1 | 31 | 37 | 89 | |
AUDCAD | 79 | 89 | 74 | 99 | 20 | -53 | 69 | -98 | -99 | 33 | -79 | 9 | -13 | 63 | 96 | 6 | 84 | 25 | 30 | -8 | 27 | 96 | -47 | 2 | -29 | -40 | -87 | |
NZDCHF | 11 | 11 | 59 | 30 | 69 | -16 | 3 | -37 | -32 | 33 | -9 | 78 | 34 | 64 | 50 | 80 | 62 | 61 | -53 | 59 | 77 | 14 | -79 | 64 | 49 | 53 | -16 | |
EURGBP | -54 | -92 | -44 | -79 | 9 | 62 | -90 | 68 | 81 | -79 | -9 | 5 | 15 | -70 | -76 | 7 | -64 | -28 | -66 | 14 | -19 | -83 | 22 | 2 | 28 | 35 | 73 | |
NZDJPY | -10 | -9 | 30 | 3 | 62 | 22 | 6 | -9 | -6 | 9 | 78 | 5 | 86 | 47 | 23 | 71 | 59 | 90 | -45 | 94 | 53 | -8 | -53 | 94 | 87 | 57 | 19 | |
CHFJPY | -25 | -22 | -4 | -20 | 36 | 46 | 7 | 18 | 18 | -13 | 34 | 15 | 86 | 17 | -8 | 39 | 36 | 84 | -24 | 93 | 16 | -24 | -14 | 88 | 89 | 42 | 41 | |
GBPCHF | 28 | 59 | 38 | 61 | 9 | -51 | 58 | -58 | -65 | 63 | 64 | -70 | 47 | 17 | 79 | 67 | 81 | 68 | 31 | 40 | 80 | 62 | -35 | 53 | 28 | 34 | -47 | |
AUDCHF | 67 | 82 | 70 | 95 | 19 | -61 | 60 | -96 | -97 | 96 | 50 | -76 | 23 | -8 | 79 | 31 | 90 | 38 | 24 | 7 | 52 | 92 | -50 | 19 | -13 | -15 | -82 | |
EURCHF | -18 | -13 | 8 | 2 | 22 | -7 | -12 | -10 | -7 | 6 | 80 | 7 | 71 | 39 | 67 | 31 | 46 | 66 | -26 | 71 | 91 | 0 | -27 | 76 | 68 | 84 | 11 | |
AUDJPY | 52 | 67 | 64 | 80 | 33 | -37 | 59 | -82 | -83 | 84 | 62 | -64 | 59 | 36 | 81 | 90 | 46 | 72 | 13 | 47 | 55 | 76 | -53 | 56 | 27 | 4 | -59 | |
GBPJPY | -3 | 16 | 19 | 19 | 32 | 6 | 38 | -19 | -22 | 25 | 61 | -28 | 90 | 84 | 68 | 38 | 66 | 72 | -1 | 91 | 56 | 17 | -30 | 94 | 82 | 50 | 5 | |
GBPNZD | 17 | 52 | -30 | 31 | -75 | -38 | 61 | -18 | -32 | 30 | -53 | -66 | -45 | -24 | 31 | 24 | -26 | 13 | -1 | -29 | -7 | 51 | 59 | -22 | -30 | -29 | -32 | |
EURJPY | -26 | -22 | 1 | -14 | 36 | 33 | 0 | 9 | 11 | -8 | 59 | 14 | 94 | 93 | 40 | 7 | 71 | 47 | 91 | -29 | 49 | -18 | -22 | 98 | 96 | 66 | 36 | |
CADCHF | -8 | 9 | 16 | 25 | 7 | -47 | -3 | -32 | -31 | 27 | 77 | -19 | 53 | 16 | 80 | 52 | 91 | 55 | 56 | -7 | 49 | 25 | -30 | 61 | 46 | 71 | -17 | |
AUDNZD | 73 | 89 | 54 | 96 | -8 | -63 | 68 | -94 | -97 | 96 | 14 | -83 | -8 | -24 | 62 | 92 | 0 | 76 | 17 | 51 | -18 | 25 | -23 | -6 | -36 | -41 | -87 | |
EURNZD | -36 | -31 | -87 | -46 | -88 | 17 | -18 | 50 | 46 | -47 | -79 | 22 | -53 | -14 | -35 | -50 | -27 | -53 | -30 | 59 | -22 | -30 | -23 | -26 | -9 | 1 | 37 | |
CADJPY | -23 | -13 | 5 | -4 | 32 | 14 | 5 | -1 | -1 | 2 | 64 | 2 | 94 | 88 | 53 | 19 | 76 | 56 | 94 | -22 | 98 | 61 | -6 | -26 | 94 | 68 | 25 | |
USDJPY | -51 | -43 | -21 | -36 | 26 | 35 | -15 | 30 | 31 | -29 | 49 | 28 | 87 | 89 | 28 | -13 | 68 | 27 | 82 | -30 | 96 | 46 | -36 | -9 | 94 | 78 | 56 | |
USDCHF | -69 | -56 | -38 | -44 | 2 | 6 | -41 | 35 | 37 | -40 | 53 | 35 | 57 | 42 | 34 | -15 | 84 | 4 | 50 | -29 | 66 | 71 | -41 | 1 | 68 | 78 | 57 | |
USDCAD | -88 | -90 | -72 | -92 | -5 | 65 | -54 | 87 | 89 | -87 | -16 | 73 | 19 | 41 | -47 | -82 | 11 | -59 | 5 | -32 | 36 | -17 | -87 | 37 | 25 | 56 | 57 |
EURUSD | GBPUSD | NZDUSD | AUDUSD | NZDCAD | EURCAD | GBPCAD | GBPAUD | EURAUD | AUDCAD | NZDCHF | EURGBP | NZDJPY | CHFJPY | GBPCHF | AUDCHF | EURCHF | AUDJPY | GBPJPY | GBPNZD | EURJPY | CADCHF | AUDNZD | EURNZD | CADJPY | USDJPY | USDCHF | USDCAD | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EURUSD | 19 | 46 | 48 | 29 | 71 | -14 | -29 | 8 | 36 | -31 | 63 | 0 | 29 | -49 | -22 | -25 | 4 | -10 | -29 | 7 | -40 | 14 | 24 | -7 | -15 | -54 | -52 | |
GBPUSD | 19 | 17 | -32 | 19 | 16 | 80 | 68 | 48 | -44 | -16 | -65 | 15 | 35 | 8 | -35 | -22 | -2 | 31 | 47 | 14 | -22 | -60 | -4 | 11 | 10 | -25 | -7 | |
NZDUSD | 46 | 17 | 65 | 89 | -8 | -29 | -43 | -45 | 46 | 32 | 22 | 26 | 4 | -8 | 20 | 2 | 18 | -3 | -79 | 4 | 3 | -21 | -75 | 5 | -6 | -13 | -73 | |
AUDUSD | 48 | -32 | 65 | 43 | -2 | -67 | -91 | -84 | 93 | 40 | 63 | 22 | -9 | 2 | 57 | 31 | 38 | -6 | -78 | 12 | 26 | 61 | -36 | 12 | 1 | 12 | -68 | |
NZDCAD | 29 | 19 | 89 | 43 | 5 | -4 | -25 | -31 | 38 | 8 | 7 | 5 | -1 | -27 | -7 | -27 | -6 | -18 | -68 | -17 | -24 | -37 | -76 | -17 | -24 | -33 | -34 | |
EURCAD | 71 | 16 | -8 | -2 | 5 | 28 | 9 | 46 | 10 | -79 | 43 | -36 | 26 | -75 | -66 | -65 | -32 | -30 | 18 | -19 | -79 | 6 | 61 | -37 | -35 | -79 | 23 | |
GBPCAD | -14 | 80 | -29 | -67 | -4 | 28 | 87 | 67 | -58 | -45 | -75 | -14 | 24 | -8 | -60 | -44 | -29 | 13 | 76 | -8 | -43 | -57 | 22 | -13 | -5 | -34 | 53 | |
GBPAUD | -29 | 68 | -43 | -91 | -25 | 9 | 87 | 86 | -91 | -38 | -77 | -10 | 22 | 2 | -60 | -34 | -31 | 18 | 81 | -3 | -29 | -73 | 26 | -4 | 3 | -20 | 49 | |
EURAUD | 8 | 48 | -45 | -84 | -31 | 46 | 67 | 86 | -83 | -65 | -32 | -26 | 27 | -33 | -79 | -52 | -42 | -1 | 70 | -11 | -54 | -61 | 55 | -19 | -12 | -48 | 45 | |
AUDCAD | 36 | -44 | 46 | 93 | 38 | 10 | -58 | -91 | -83 | 25 | 63 | 7 | -14 | -9 | 48 | 19 | 27 | -17 | -68 | 0 | 12 | 72 | -24 | -2 | -8 | 5 | -36 | |
NZDCHF | -31 | -16 | 32 | 40 | 8 | -79 | -45 | -38 | -65 | 25 | -12 | 66 | -5 | 87 | 93 | 92 | 68 | 52 | -38 | 52 | 95 | 19 | -58 | 64 | 58 | 90 | -53 | |
EURGBP | 63 | -65 | 22 | 63 | 7 | 43 | -75 | -77 | -32 | 63 | -12 | -12 | -5 | -45 | 11 | -3 | 5 | -33 | -60 | -6 | -14 | 58 | 22 | -14 | -20 | -23 | -34 | |
NZDJPY | 0 | 15 | 26 | 22 | 5 | -36 | -14 | -10 | -26 | 7 | 66 | -12 | 71 | 64 | 58 | 66 | 96 | 94 | -13 | 96 | 63 | 3 | -28 | 97 | 95 | 57 | -43 | |
CHFJPY | 29 | 35 | 4 | -9 | -1 | 26 | 24 | 22 | 27 | -14 | -5 | -5 | 71 | 5 | -10 | 3 | 64 | 77 | 19 | 80 | -5 | -14 | 17 | 70 | 72 | -7 | -8 | |
GBPCHF | -49 | 8 | -8 | 2 | -27 | -75 | -8 | 2 | -33 | -9 | 87 | -45 | 64 | 5 | 79 | 91 | 64 | 68 | 12 | 59 | 93 | 11 | -28 | 70 | 69 | 94 | -24 | |
AUDCHF | -22 | -35 | 20 | 57 | -7 | -66 | -60 | -60 | -79 | 48 | 93 | 11 | 58 | -10 | 79 | 94 | 70 | 43 | -39 | 49 | 93 | 54 | -38 | 59 | 54 | 88 | -49 | |
EURCHF | -25 | -22 | 2 | 31 | -27 | -65 | -44 | -34 | -52 | 19 | 92 | -3 | 66 | 3 | 91 | 94 | 74 | 60 | -15 | 63 | 98 | 40 | -21 | 71 | 68 | 95 | -43 | |
AUDJPY | 4 | -2 | 18 | 38 | -6 | -32 | -29 | -31 | -42 | 27 | 68 | 5 | 96 | 64 | 64 | 70 | 74 | 88 | -17 | 95 | 68 | 32 | -17 | 96 | 93 | 63 | -44 | |
GBPJPY | -10 | 31 | -3 | -6 | -18 | -30 | 13 | 18 | -1 | -17 | 52 | -33 | 94 | 77 | 68 | 43 | 60 | 88 | 22 | 96 | 57 | -3 | -5 | 97 | 98 | 56 | -21 | |
GBPNZD | -29 | 47 | -79 | -78 | -68 | 18 | 76 | 81 | 70 | -68 | -38 | -60 | -13 | 19 | 12 | -39 | -15 | -17 | 22 | 6 | -16 | -18 | 65 | 3 | 13 | -4 | 61 | |
EURJPY | 7 | 14 | 4 | 12 | -17 | -19 | -8 | -3 | -11 | 0 | 52 | -6 | 96 | 80 | 59 | 49 | 63 | 95 | 96 | 6 | 56 | 13 | 1 | 98 | 98 | 52 | -33 | |
CADCHF | -40 | -22 | 3 | 26 | -24 | -79 | -43 | -29 | -54 | 12 | 95 | -14 | 63 | -5 | 93 | 93 | 98 | 68 | 57 | -16 | 56 | 31 | -33 | 68 | 64 | 98 | -40 | |
AUDNZD | 14 | -60 | -21 | 61 | -37 | 6 | -57 | -73 | -61 | 72 | 19 | 58 | 3 | -14 | 11 | 54 | 40 | 32 | -3 | -18 | 13 | 31 | 33 | 12 | 10 | 30 | -12 | |
EURNZD | 24 | -4 | -75 | -36 | -76 | 61 | 22 | 26 | 55 | -24 | -58 | 22 | -28 | 17 | -28 | -38 | -21 | -17 | -5 | 65 | 1 | -33 | 33 | -11 | -5 | -26 | 42 | |
CADJPY | -7 | 11 | 5 | 12 | -17 | -37 | -13 | -4 | -19 | -2 | 64 | -14 | 97 | 70 | 70 | 59 | 71 | 96 | 97 | 3 | 98 | 68 | 12 | -11 | 99 | 64 | -35 | |
USDJPY | -15 | 10 | -6 | 1 | -24 | -35 | -5 | 3 | -12 | -8 | 58 | -20 | 95 | 72 | 69 | 54 | 68 | 93 | 98 | 13 | 98 | 64 | 10 | -5 | 99 | 64 | -21 | |
USDCHF | -54 | -25 | -13 | 12 | -33 | -79 | -34 | -20 | -48 | 5 | 90 | -23 | 57 | -7 | 94 | 88 | 95 | 63 | 56 | -4 | 52 | 98 | 30 | -26 | 64 | 64 | -20 | |
USDCAD | -52 | -7 | -73 | -68 | -34 | 23 | 53 | 49 | 45 | -36 | -53 | -34 | -43 | -8 | -24 | -49 | -43 | -44 | -21 | 61 | -33 | -40 | -12 | 42 | -35 | -21 | -20 |
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.