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 | -30 | -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 | -41 | -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 | -30 | -51 | -40 | -31 | -46 | -34 | -76 | -46 | 1 | -23 | 3 | 4 | 2 | 10 | 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 | -41 | -63 | -6 | -69 | -27 | -24 | -67 | -70 | 49 | 60 | 22 | 10 | -12 | 95 | 96 | 79 | 66 | 74 | 90 | 91 | 65 | 75 | 64 | 80 | 61 | 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 | 61 | 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 | 77 | 83 | 85 | 74 | 16 | 37 | -35 | -64 | 63 | 77 | 51 | -44 | 28 | 45 | 63 | 40 | 8 | 40 | 49 | 50 | 41 | 37 | -45 | 37 | -29 | 12 | -70 | |
GBPUSD | 77 | 53 | 86 | 72 | 51 | 84 | 1 | -80 | 93 | 86 | 81 | -91 | 65 | 87 | 91 | 70 | 61 | 84 | 84 | 65 | 82 | 76 | -17 | 72 | 19 | 61 | -26 | |
NZDUSD | 83 | 53 | 82 | 81 | -32 | 1 | -72 | -70 | 47 | 65 | 39 | -20 | 17 | 8 | 42 | -5 | -35 | 15 | 33 | 23 | 14 | 12 | -87 | 22 | -64 | -11 | -90 | |
AUDUSD | 85 | 86 | 82 | 82 | 9 | 50 | -50 | -95 | 87 | 90 | 78 | -67 | 58 | 59 | 85 | 43 | 19 | 65 | 77 | 62 | 69 | 61 | -57 | 65 | -15 | 41 | -62 | |
NZDCAD | 74 | 72 | 81 | 82 | 17 | 44 | -38 | -75 | 73 | 80 | 53 | -54 | 30 | 43 | 64 | 27 | 4 | 41 | 51 | 28 | 39 | 33 | -65 | 33 | -24 | 15 | -48 | |
EURCAD | 16 | 51 | -32 | 9 | 17 | 83 | 69 | -4 | 49 | 34 | 31 | -62 | 26 | 77 | 48 | 83 | 85 | 56 | 39 | 37 | 56 | 52 | 64 | 31 | 75 | 51 | 60 | |
GBPCAD | 37 | 84 | 1 | 50 | 44 | 83 | 45 | -52 | 82 | 64 | 70 | -95 | 62 | 97 | 80 | 85 | 92 | 87 | 77 | 57 | 85 | 79 | 30 | 66 | 62 | 75 | 31 | |
GBPAUD | -35 | 1 | -72 | -50 | -38 | 69 | 45 | 51 | -14 | -30 | -14 | -24 | -2 | 32 | -13 | 36 | 68 | 16 | -8 | -10 | 5 | 12 | 83 | -5 | 62 | 23 | 79 | |
EURAUD | -64 | -80 | -70 | -95 | -75 | -4 | -52 | 51 | -90 | -85 | -83 | 71 | -67 | -60 | -87 | -39 | -23 | -70 | -83 | -61 | -76 | -66 | 55 | -73 | 5 | -53 | 49 | |
AUDCAD | 63 | 93 | 47 | 87 | 73 | 49 | 82 | -14 | -90 | 90 | 86 | -90 | 70 | 87 | 97 | 71 | 59 | 86 | 90 | 69 | 91 | 81 | -20 | 77 | 30 | 69 | -16 | |
NZDCHF | 77 | 86 | 65 | 90 | 80 | 34 | 64 | -30 | -85 | 90 | 77 | -72 | 52 | 75 | 93 | 68 | 35 | 70 | 78 | 80 | 73 | 66 | -36 | 65 | 17 | 49 | -38 | |
NZDJPY | 51 | 81 | 39 | 78 | 53 | 31 | 70 | -14 | -83 | 86 | 77 | -82 | 95 | 76 | 87 | 60 | 54 | 94 | 99 | 68 | 84 | 95 | -18 | 97 | 26 | 88 | -19 | |
EURGBP | -44 | -91 | -20 | -67 | -54 | -62 | -95 | -24 | 71 | -90 | -72 | -82 | -73 | -93 | -87 | -73 | -81 | -92 | -87 | -60 | -89 | -84 | -6 | -77 | -45 | -78 | -9 | |
CHFJPY | 28 | 65 | 17 | 58 | 30 | 26 | 62 | -2 | -67 | 70 | 52 | 95 | -73 | 65 | 70 | 47 | 55 | 91 | 93 | 52 | 77 | 94 | -3 | 98 | 29 | 93 | -4 | |
GBPCHF | 45 | 87 | 8 | 59 | 43 | 77 | 97 | 32 | -60 | 87 | 75 | 76 | -93 | 65 | 90 | 93 | 88 | 90 | 83 | 76 | 91 | 85 | 26 | 74 | 65 | 78 | 20 | |
AUDCHF | 63 | 91 | 42 | 85 | 64 | 48 | 80 | -13 | -87 | 97 | 93 | 87 | -87 | 70 | 90 | 80 | 60 | 88 | 91 | 84 | 93 | 84 | -12 | 81 | 39 | 72 | -16 | |
EURCHF | 40 | 70 | -5 | 43 | 27 | 83 | 85 | 36 | -39 | 71 | 68 | 60 | -73 | 47 | 93 | 80 | 82 | 76 | 68 | 83 | 80 | 74 | 43 | 60 | 76 | 68 | 28 | |
GBPNZD | 8 | 61 | -35 | 19 | 4 | 85 | 92 | 68 | -23 | 59 | 35 | 54 | -81 | 55 | 88 | 60 | 82 | 78 | 62 | 50 | 77 | 73 | 63 | 59 | 80 | 77 | 56 | |
GBPJPY | 40 | 84 | 15 | 65 | 41 | 56 | 87 | 16 | -70 | 86 | 70 | 94 | -92 | 91 | 90 | 88 | 76 | 78 | 97 | 70 | 92 | 99 | 11 | 95 | 51 | 94 | 8 | |
AUDJPY | 49 | 84 | 33 | 77 | 51 | 39 | 77 | -8 | -83 | 90 | 78 | 99 | -87 | 93 | 83 | 91 | 68 | 62 | 97 | 73 | 92 | 97 | -9 | 97 | 36 | 90 | -11 | |
CADCHF | 50 | 65 | 23 | 62 | 28 | 37 | 57 | -10 | -61 | 69 | 80 | 68 | -60 | 52 | 76 | 84 | 83 | 50 | 70 | 73 | 77 | 71 | 7 | 69 | 51 | 62 | -14 | |
AUDNZD | 41 | 82 | 14 | 69 | 39 | 56 | 85 | 5 | -76 | 91 | 73 | 84 | -89 | 77 | 91 | 93 | 80 | 77 | 92 | 92 | 77 | 90 | 13 | 85 | 55 | 84 | 7 | |
EURJPY | 37 | 76 | 12 | 61 | 33 | 52 | 79 | 12 | -66 | 81 | 66 | 95 | -84 | 94 | 85 | 84 | 74 | 73 | 99 | 97 | 71 | 90 | 14 | 97 | 51 | 97 | 7 | |
EURNZD | -45 | -17 | -87 | -57 | -65 | 64 | 30 | 83 | 55 | -20 | -36 | -18 | -6 | -3 | 26 | -12 | 43 | 63 | 11 | -9 | 7 | 13 | 14 | -3 | 77 | 27 | 83 | |
CADJPY | 37 | 72 | 22 | 65 | 33 | 31 | 66 | -5 | -73 | 77 | 65 | 97 | -77 | 98 | 74 | 81 | 60 | 59 | 95 | 97 | 69 | 85 | 97 | -3 | 36 | 94 | -8 | |
USDCHF | -29 | 19 | -64 | -15 | -24 | 75 | 62 | 62 | 5 | 30 | 17 | 26 | -45 | 29 | 65 | 39 | 76 | 80 | 51 | 36 | 51 | 55 | 51 | 77 | 36 | 62 | 78 | |
USDJPY | 12 | 61 | -11 | 41 | 15 | 51 | 75 | 23 | -53 | 69 | 49 | 88 | -78 | 93 | 78 | 72 | 68 | 77 | 94 | 90 | 62 | 84 | 97 | 27 | 94 | 62 | 27 | |
USDCAD | -70 | -26 | -90 | -62 | -48 | 60 | 31 | 79 | 49 | -16 | -38 | -19 | -9 | -4 | 20 | -16 | 28 | 56 | 8 | -11 | -14 | 7 | 7 | 83 | -8 | 78 | 27 |
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 | 90 | 91 | 88 | -33 | -51 | -82 | -73 | 81 | 51 | 17 | 6 | -8 | -76 | 27 | -63 | -84 | -43 | 8 | -75 | -40 | -48 | -74 | -29 | -88 | -74 | -88 | |
GBPUSD | 93 | 96 | 95 | 91 | -60 | -60 | -83 | -85 | 78 | 50 | 31 | -32 | 5 | -84 | 20 | -82 | -88 | -32 | 21 | -80 | -52 | -46 | -88 | -16 | -96 | -68 | -96 | |
NZDUSD | 90 | 96 | 99 | 97 | -68 | -75 | -93 | -93 | 83 | 64 | 38 | -29 | 7 | -86 | 31 | -83 | -98 | -32 | 28 | -73 | -55 | -45 | -96 | -13 | -95 | -66 | -98 | |
AUDUSD | 91 | 95 | 99 | 96 | -63 | -71 | -96 | -95 | 90 | 68 | 30 | -24 | -2 | -81 | 42 | -77 | -96 | -39 | 23 | -68 | -40 | -50 | -93 | -20 | -92 | -71 | -96 | |
NZDCAD | 88 | 91 | 97 | 96 | -55 | -63 | -93 | -91 | 90 | 74 | 25 | -19 | -9 | -76 | 44 | -71 | -96 | -45 | 15 | -66 | -48 | -55 | -92 | -27 | -87 | -74 | -90 | |
EURCAD | -33 | -60 | -68 | -63 | -55 | 86 | 60 | 77 | -33 | -35 | -66 | 76 | -49 | 72 | -2 | 86 | 70 | -17 | -59 | 43 | 59 | 4 | 83 | -37 | 68 | 12 | 74 | |
GBPCAD | -51 | -60 | -75 | -71 | -63 | 86 | 75 | 77 | -45 | -45 | -65 | 32 | -43 | 79 | -14 | 78 | 82 | -7 | -58 | 44 | 55 | 4 | 82 | -31 | 73 | 20 | 80 | |
GBPAUD | -82 | -83 | -93 | -96 | -93 | 60 | 75 | 96 | -93 | -77 | -26 | 15 | 9 | 72 | -58 | 66 | 95 | 43 | -22 | 52 | 27 | 51 | 90 | 23 | 81 | 69 | 88 | |
EURAUD | -73 | -85 | -93 | -95 | -91 | 77 | 77 | 96 | -85 | -72 | -36 | 43 | -3 | 75 | -48 | 78 | 94 | 32 | -31 | 55 | 36 | 46 | 97 | 11 | 84 | 61 | 91 | |
AUDCAD | 81 | 78 | 83 | 90 | 90 | -33 | -45 | -93 | -85 | 79 | -1 | -2 | -36 | -52 | 70 | -46 | -82 | -62 | -4 | -46 | -5 | -66 | -75 | -48 | -68 | -82 | -74 | |
NZDCHF | 51 | 50 | 64 | 68 | 74 | -35 | -45 | -77 | -72 | 79 | 17 | -6 | -23 | -20 | 86 | -20 | -71 | -34 | 16 | 2 | -10 | -36 | -65 | -21 | -37 | -48 | -53 | |
NZDJPY | 17 | 31 | 38 | 30 | 25 | -66 | -65 | -26 | -36 | -1 | 17 | -42 | 91 | -45 | -15 | -52 | -42 | 74 | 98 | -19 | -59 | 63 | -47 | 87 | -40 | 44 | -46 | |
EURGBP | 6 | -32 | -29 | -24 | -19 | 76 | 32 | 15 | 43 | -2 | -6 | -42 | -37 | 31 | 15 | 59 | 25 | -26 | -37 | 22 | 39 | -1 | 48 | -32 | 33 | -6 | 35 | |
CHFJPY | -8 | 5 | 7 | -2 | -9 | -49 | -43 | 9 | -3 | -36 | -23 | 91 | -37 | -31 | -48 | -38 | -9 | 90 | 91 | -13 | -50 | 81 | -17 | 96 | -19 | 67 | -19 | |
GBPCHF | -76 | -84 | -86 | -81 | -76 | 72 | 79 | 72 | 75 | -52 | -20 | -45 | 31 | -31 | 15 | 95 | 84 | 14 | -33 | 90 | 68 | 28 | 84 | -6 | 96 | 47 | 90 | |
AUDCHF | 27 | 20 | 31 | 42 | 44 | -2 | -14 | -58 | -48 | 70 | 86 | -15 | 15 | -48 | 15 | 17 | -38 | -44 | -7 | 31 | 42 | -39 | -30 | -38 | -3 | -43 | -20 | |
EURCHF | -63 | -82 | -83 | -77 | -71 | 86 | 78 | 66 | 78 | -46 | -20 | -52 | 59 | -38 | 95 | 17 | 79 | 4 | -40 | 83 | 70 | 24 | 87 | -15 | 92 | 38 | 88 | |
GBPNZD | -84 | -88 | -98 | -96 | -96 | 70 | 82 | 95 | 94 | -82 | -71 | -42 | 25 | -9 | 84 | -38 | 79 | 30 | -32 | 64 | 54 | 41 | 97 | 9 | 90 | 61 | 95 | |
GBPJPY | -43 | -32 | -32 | -39 | -45 | -17 | -7 | 43 | 32 | -62 | -34 | 74 | -26 | 90 | 14 | -44 | 4 | 30 | 79 | 27 | -22 | 97 | 21 | 97 | 24 | 91 | 21 | |
AUDJPY | 8 | 21 | 28 | 23 | 15 | -59 | -58 | -22 | -31 | -4 | 16 | 98 | -37 | 91 | -33 | -7 | -40 | -32 | 79 | -5 | -41 | 70 | -38 | 89 | -28 | 52 | -36 | |
CADCHF | -75 | -80 | -73 | -68 | -66 | 43 | 44 | 52 | 55 | -46 | 2 | -19 | 22 | -13 | 90 | 31 | 83 | 64 | 27 | -5 | 60 | 39 | 64 | 15 | 88 | 55 | 75 | |
AUDNZD | -40 | -52 | -55 | -40 | -48 | 59 | 55 | 27 | 36 | -5 | -10 | -59 | 39 | -50 | 68 | 42 | 70 | 54 | -22 | -41 | 60 | -8 | 59 | -34 | 63 | 5 | 58 | |
EURJPY | -48 | -46 | -45 | -50 | -55 | 4 | 4 | 51 | 46 | -66 | -36 | 63 | -1 | 81 | 28 | -39 | 24 | 41 | 97 | 70 | 39 | -8 | 38 | 91 | 38 | 95 | 36 | |
EURNZD | -74 | -88 | -96 | -93 | -92 | 83 | 82 | 90 | 97 | -75 | -65 | -47 | 48 | -17 | 84 | -30 | 87 | 97 | 21 | -38 | 64 | 59 | 38 | 0 | 90 | 55 | 95 | |
CADJPY | -29 | -16 | -13 | -20 | -27 | -37 | -31 | 23 | 11 | -48 | -21 | 87 | -32 | 96 | -6 | -38 | -15 | 9 | 97 | 89 | 15 | -34 | 91 | 0 | 5 | 82 | 1 | |
USDCHF | -88 | -96 | -95 | -92 | -87 | 68 | 73 | 81 | 84 | -68 | -37 | -40 | 33 | -19 | 96 | -3 | 92 | 90 | 24 | -28 | 88 | 63 | 38 | 90 | 5 | 60 | 97 | |
USDJPY | -74 | -68 | -66 | -71 | -74 | 12 | 20 | 69 | 61 | -82 | -48 | 44 | -6 | 67 | 47 | -43 | 38 | 61 | 91 | 52 | 55 | 5 | 95 | 55 | 82 | 60 | 58 | |
USDCAD | -88 | -96 | -98 | -96 | -90 | 74 | 80 | 88 | 91 | -74 | -53 | -46 | 35 | -19 | 90 | -20 | 88 | 95 | 21 | -36 | 75 | 58 | 36 | 95 | 1 | 97 | 58 |
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 | 98 | 97 | 92 | 86 | 62 | -83 | -83 | 92 | 70 | -58 | 44 | -68 | -35 | 74 | -20 | -83 | -67 | -56 | -65 | 49 | -65 | -85 | -68 | -96 | -78 | -96 | |
GBPUSD | 97 | 95 | 95 | 89 | 83 | 74 | -75 | -82 | 90 | 70 | -58 | 22 | -67 | -20 | 75 | -16 | -72 | -64 | -55 | -61 | 54 | -64 | -81 | -67 | -92 | -76 | -94 | |
NZDUSD | 98 | 95 | 99 | 96 | 83 | 58 | -90 | -90 | 96 | 74 | -60 | 45 | -70 | -40 | 77 | -27 | -89 | -69 | -57 | -67 | 52 | -67 | -93 | -70 | -96 | -79 | -96 | |
AUDUSD | 97 | 95 | 99 | 94 | 80 | 57 | -92 | -93 | 97 | 74 | -59 | 42 | -69 | -36 | 82 | -25 | -88 | -68 | -56 | -65 | 62 | -67 | -93 | -69 | -95 | -78 | -96 | |
NZDCAD | 92 | 89 | 96 | 94 | 89 | 64 | -88 | -87 | 97 | 60 | -74 | 45 | -81 | -52 | 66 | -45 | -89 | -81 | -72 | -81 | 46 | -80 | -93 | -82 | -96 | -88 | -84 | |
EURCAD | 86 | 83 | 83 | 80 | 89 | 79 | -64 | -61 | 83 | 38 | -77 | 40 | -81 | -48 | 41 | -40 | -67 | -81 | -76 | -85 | 26 | -80 | -67 | -83 | -89 | -86 | -69 | |
GBPCAD | 62 | 74 | 58 | 57 | 64 | 79 | -28 | -44 | 63 | 26 | -67 | -25 | -69 | -2 | 32 | -26 | -24 | -64 | -66 | -63 | 29 | -67 | -44 | -69 | -63 | -70 | -46 | |
GBPAUD | -83 | -75 | -90 | -92 | -88 | -64 | -28 | 95 | -92 | -69 | 52 | -61 | 61 | 52 | -79 | 33 | 96 | 63 | 49 | 60 | -64 | 61 | 94 | 62 | 84 | 70 | 84 | |
EURAUD | -83 | -82 | -90 | -93 | -87 | -61 | -44 | 95 | -95 | -73 | 53 | -33 | 63 | 34 | -86 | 29 | 86 | 62 | 49 | 56 | -76 | 62 | 95 | 63 | 82 | 71 | 84 | |
AUDCAD | 92 | 90 | 96 | 97 | 97 | 83 | 63 | -92 | -95 | 66 | -69 | 39 | -77 | -43 | 77 | -37 | -87 | -77 | -66 | -74 | 64 | -76 | -94 | -78 | -93 | -85 | -86 | |
NZDCHF | 70 | 70 | 74 | 74 | 60 | 38 | 26 | -69 | -73 | 66 | -6 | 21 | -21 | 15 | 93 | 34 | -65 | -17 | -4 | -4 | 49 | -16 | -74 | -19 | -53 | -30 | -79 | |
NZDJPY | -58 | -58 | -60 | -59 | -74 | -77 | -67 | 52 | 53 | -69 | -6 | -26 | 99 | 61 | -17 | 72 | 53 | 99 | 100 | 89 | -28 | 99 | 56 | 99 | 73 | 96 | 42 | |
EURGBP | 44 | 22 | 45 | 42 | 45 | 40 | -25 | -61 | -33 | 39 | 21 | -26 | -29 | -73 | 19 | -28 | -71 | -35 | -26 | -42 | 1 | -29 | -42 | -31 | -48 | -35 | -42 | |
CHFJPY | -68 | -67 | -70 | -69 | -81 | -81 | -69 | 61 | 63 | -77 | -21 | 99 | -29 | 58 | -29 | 66 | 61 | 99 | 98 | 89 | -33 | 100 | 66 | 100 | 80 | 99 | 53 | |
GBPCHF | -35 | -20 | -40 | -36 | -52 | -48 | -2 | 52 | 34 | -43 | 15 | 61 | -73 | 58 | 9 | 84 | 62 | 65 | 61 | 76 | 4 | 61 | 44 | 61 | 57 | 59 | 25 | |
AUDCHF | 74 | 75 | 77 | 82 | 66 | 41 | 32 | -79 | -86 | 77 | 93 | -17 | 19 | -29 | 9 | 23 | -67 | -27 | -12 | -14 | 76 | -26 | -78 | -28 | -59 | -39 | -82 | |
EURCHF | -20 | -16 | -27 | -25 | -45 | -40 | -26 | 33 | 29 | -37 | 34 | 72 | -28 | 66 | 84 | 23 | 39 | 71 | 72 | 81 | -1 | 70 | 36 | 69 | 48 | 63 | 7 | |
GBPNZD | -83 | -72 | -89 | -88 | -89 | -67 | -24 | 96 | 86 | -87 | -65 | 53 | -71 | 61 | 62 | -67 | 39 | 64 | 51 | 65 | -41 | 61 | 93 | 63 | 86 | 70 | 82 | |
GBPJPY | -67 | -64 | -69 | -68 | -81 | -81 | -64 | 63 | 62 | -77 | -17 | 99 | -35 | 99 | 65 | -27 | 71 | 64 | 98 | 91 | -32 | 100 | 66 | 100 | 80 | 99 | 51 | |
AUDJPY | -56 | -55 | -57 | -56 | -72 | -76 | -66 | 49 | 49 | -66 | -4 | 100 | -26 | 98 | 61 | -12 | 72 | 51 | 98 | 89 | -21 | 99 | 53 | 98 | 71 | 95 | 39 | |
CADCHF | -65 | -61 | -67 | -65 | -81 | -85 | -63 | 60 | 56 | -74 | -4 | 89 | -42 | 89 | 76 | -14 | 81 | 65 | 91 | 89 | -21 | 90 | 63 | 91 | 83 | 91 | 48 | |
AUDNZD | 49 | 54 | 52 | 62 | 46 | 26 | 29 | -64 | -76 | 64 | 49 | -28 | 1 | -33 | 4 | 76 | -1 | -41 | -32 | -21 | -21 | -33 | -54 | -33 | -44 | -39 | -56 | |
EURJPY | -65 | -64 | -67 | -67 | -80 | -80 | -67 | 61 | 62 | -76 | -16 | 99 | -29 | 100 | 61 | -26 | 70 | 61 | 100 | 99 | 90 | -33 | 65 | 100 | 79 | 98 | 50 | |
EURNZD | -85 | -81 | -93 | -93 | -93 | -67 | -44 | 94 | 95 | -94 | -74 | 56 | -42 | 66 | 44 | -78 | 36 | 93 | 66 | 53 | 63 | -54 | 65 | 66 | 86 | 74 | 84 | |
CADJPY | -68 | -67 | -70 | -69 | -82 | -83 | -69 | 62 | 63 | -78 | -19 | 99 | -31 | 100 | 61 | -28 | 69 | 63 | 100 | 98 | 91 | -33 | 100 | 66 | 81 | 99 | 52 | |
USDCHF | -96 | -92 | -96 | -95 | -96 | -89 | -63 | 84 | 82 | -93 | -53 | 73 | -48 | 80 | 57 | -59 | 48 | 86 | 80 | 71 | 83 | -44 | 79 | 86 | 81 | 88 | 89 | |
USDJPY | -78 | -76 | -79 | -78 | -88 | -86 | -70 | 70 | 71 | -85 | -30 | 96 | -35 | 99 | 59 | -39 | 63 | 70 | 99 | 95 | 91 | -39 | 98 | 74 | 99 | 88 | 64 | |
USDCAD | -96 | -94 | -96 | -96 | -84 | -69 | -46 | 84 | 84 | -86 | -79 | 42 | -42 | 53 | 25 | -82 | 7 | 82 | 51 | 39 | 48 | -56 | 50 | 84 | 52 | 89 | 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 | 98 | 97 | 97 | 75 | 61 | 61 | -71 | -77 | 85 | 33 | -39 | 8 | -44 | -20 | 36 | -23 | -65 | -43 | -37 | -40 | 32 | -43 | -73 | -44 | -88 | -54 | -91 | |
GBPUSD | 98 | 95 | 95 | 70 | 56 | 64 | -63 | -74 | 80 | 39 | -35 | -10 | -41 | -9 | 39 | -15 | -55 | -38 | -34 | -33 | 33 | -39 | -70 | -40 | -83 | -50 | -91 | |
NZDUSD | 97 | 95 | 98 | 84 | 63 | 61 | -80 | -85 | 92 | 31 | -45 | 13 | -51 | -29 | 34 | -31 | -78 | -49 | -43 | -46 | 28 | -49 | -86 | -51 | -90 | -60 | -87 | |
AUDUSD | 97 | 95 | 98 | 77 | 53 | 52 | -84 | -90 | 90 | 37 | -37 | 12 | -43 | -21 | 45 | -22 | -74 | -41 | -35 | -38 | 43 | -41 | -84 | -42 | -85 | -52 | -91 | |
NZDCAD | 75 | 70 | 84 | 77 | 87 | 76 | -71 | -71 | 94 | -3 | -78 | 27 | -81 | -64 | -2 | -66 | -85 | -81 | -77 | -81 | -10 | -81 | -89 | -82 | -90 | -86 | -47 | |
EURCAD | 61 | 56 | 63 | 53 | 87 | 89 | -36 | -31 | 74 | -35 | -87 | 32 | -88 | -71 | -39 | -74 | -56 | -88 | -88 | -89 | -32 | -88 | -53 | -89 | -83 | -91 | -23 | |
GBPCAD | 61 | 64 | 61 | 52 | 76 | 89 | -20 | -29 | 67 | -17 | -80 | -13 | -83 | -43 | -29 | -57 | -36 | -80 | -81 | -73 | -27 | -81 | -49 | -82 | -75 | -84 | -28 | |
GBPAUD | -71 | -63 | -80 | -84 | -71 | -36 | -20 | 95 | -86 | -26 | 30 | -45 | 34 | 36 | -44 | 28 | 89 | 35 | 27 | 35 | -50 | 34 | 86 | 35 | 68 | 42 | 69 | |
EURAUD | -77 | -74 | -85 | -90 | -71 | -31 | -29 | 95 | -87 | -40 | 27 | -17 | 33 | 18 | -55 | 19 | 80 | 32 | 24 | 27 | -55 | 32 | 90 | 32 | 67 | 41 | 77 | |
AUDCAD | 85 | 80 | 92 | 90 | 94 | 74 | 67 | -86 | -87 | 10 | -65 | 27 | -70 | -49 | 18 | -52 | -85 | -69 | -63 | -66 | 23 | -69 | -91 | -70 | -90 | -76 | -65 | |
NZDCHF | 33 | 39 | 31 | 37 | -3 | -35 | -17 | -26 | -40 | 10 | 54 | -36 | 47 | 74 | 91 | 73 | -4 | 51 | 55 | 64 | 49 | 50 | -22 | 50 | 11 | 42 | -57 | |
NZDJPY | -39 | -35 | -45 | -37 | -78 | -87 | -80 | 30 | 27 | -65 | 54 | -28 | 100 | 81 | 57 | 89 | 50 | 100 | 100 | 94 | 35 | 100 | 51 | 100 | 73 | 99 | 2 | |
EURGBP | 8 | -10 | 13 | 12 | 27 | 32 | -13 | -45 | -17 | 27 | -36 | -28 | -27 | -63 | -23 | -45 | -53 | -31 | -28 | -42 | -3 | -28 | -20 | -29 | -28 | -28 | 5 | |
CHFJPY | -44 | -41 | -51 | -43 | -81 | -88 | -83 | 34 | 33 | -70 | 47 | 100 | -27 | 78 | 51 | 87 | 53 | 100 | 99 | 93 | 33 | 100 | 56 | 100 | 76 | 99 | 8 | |
GBPCHF | -20 | -9 | -29 | -21 | -64 | -71 | -43 | 36 | 18 | -49 | 74 | 81 | -63 | 78 | 65 | 95 | 58 | 81 | 81 | 91 | 34 | 80 | 40 | 80 | 63 | 78 | -9 | |
AUDCHF | 36 | 39 | 34 | 45 | -2 | -39 | -29 | -44 | -55 | 18 | 91 | 57 | -23 | 51 | 65 | 70 | -14 | 53 | 59 | 60 | 72 | 53 | -28 | 52 | 8 | 45 | -63 | |
EURCHF | -23 | -15 | -31 | -22 | -66 | -74 | -57 | 28 | 19 | -52 | 73 | 89 | -45 | 87 | 95 | 70 | 54 | 90 | 90 | 95 | 40 | 89 | 42 | 89 | 67 | 86 | -10 | |
GBPNZD | -65 | -55 | -78 | -74 | -85 | -56 | -36 | 89 | 80 | -85 | -4 | 50 | -53 | 53 | 58 | -14 | 54 | 55 | 48 | 59 | -10 | 54 | 90 | 54 | 76 | 59 | 51 | |
GBPJPY | -43 | -38 | -49 | -41 | -81 | -88 | -80 | 35 | 32 | -69 | 51 | 100 | -31 | 100 | 81 | 53 | 90 | 55 | 100 | 95 | 33 | 100 | 55 | 100 | 76 | 99 | 6 | |
AUDJPY | -37 | -34 | -43 | -35 | -77 | -88 | -81 | 27 | 24 | -63 | 55 | 100 | -28 | 99 | 81 | 59 | 90 | 48 | 100 | 94 | 38 | 100 | 49 | 100 | 72 | 98 | 0 | |
CADCHF | -40 | -33 | -46 | -38 | -81 | -89 | -73 | 35 | 27 | -66 | 64 | 94 | -42 | 93 | 91 | 60 | 95 | 59 | 95 | 94 | 37 | 94 | 51 | 95 | 77 | 94 | 4 | |
AUDNZD | 32 | 33 | 28 | 43 | -10 | -32 | -27 | -50 | -55 | 23 | 49 | 35 | -3 | 33 | 34 | 72 | 40 | -10 | 33 | 38 | 37 | 33 | -14 | 33 | -4 | 26 | -56 | |
EURJPY | -43 | -39 | -49 | -41 | -81 | -88 | -81 | 34 | 32 | -69 | 50 | 100 | -28 | 100 | 80 | 53 | 89 | 54 | 100 | 100 | 94 | 33 | 55 | 100 | 76 | 99 | 7 | |
EURNZD | -73 | -70 | -86 | -84 | -89 | -53 | -49 | 86 | 90 | -91 | -22 | 51 | -20 | 56 | 40 | -28 | 42 | 90 | 55 | 49 | 51 | -14 | 55 | 56 | 76 | 62 | 62 | |
CADJPY | -44 | -40 | -51 | -42 | -82 | -89 | -82 | 35 | 32 | -70 | 50 | 100 | -29 | 100 | 80 | 52 | 89 | 54 | 100 | 100 | 95 | 33 | 100 | 56 | 77 | 99 | 8 | |
USDCHF | -88 | -83 | -90 | -85 | -90 | -83 | -75 | 68 | 67 | -90 | 11 | 73 | -28 | 76 | 63 | 8 | 67 | 76 | 76 | 72 | 77 | -4 | 76 | 76 | 77 | 83 | 65 | |
USDJPY | -54 | -50 | -60 | -52 | -86 | -91 | -84 | 42 | 41 | -76 | 42 | 99 | -28 | 99 | 78 | 45 | 86 | 59 | 99 | 98 | 94 | 26 | 99 | 62 | 99 | 83 | 19 | |
USDCAD | -91 | -91 | -87 | -91 | -47 | -23 | -28 | 69 | 77 | -65 | -57 | 2 | 5 | 8 | -9 | -63 | -10 | 51 | 6 | 0 | 4 | -56 | 7 | 62 | 8 | 65 | 19 |
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.