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