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