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.
5min correlation
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | | |
| AUDUSD | 100.0 | 28.7 | 3.4 | -17.4 | 66.2 | -9.1 | -19.8 | 22.3 | AUDUSD |
| EURJPY | 57.1 | 100.0 | 37.1 | -9.1 | 14.2 | 21.1 | 38.3 | 73.2 | EURJPY |
| EURUSD | 22.1 | 37.1 | 100.0 | 68.1 | 35.5 | -54.2 | -34.7 | -33.8 | EURUSD |
| GBPUSD | 13.1 | -9.1 | 68.1 | 100.0 | 62.3 | -70.0 | -33.0 | -60.0 | GBPUSD |
| NZDUSD | 66.2 | -11.8 | 11.6 | 25.2 | 100.0 | -34.6 | -41.6 | -23.2 | NZDUSD |
| USDCAD | -9.1 | 7.7 | -60.0 | -75.9 | -34.6 | 100.0 | 39.6 | 53.0 | USDCAD |
| USDCHF | 16.4 | 38.3 | -34.7 | -33.0 | -20.3 | 46.6 | 100.0 | 66.4 | USDCHF |
| USDJPY | 40.7 | 73.2 | -33.8 | -60.0 | -13.1 | 64.2 | 66.4 | 100.0 | USDJPY |
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | |
hourly correlation
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | | |
| AUDUSD | 100.0 | 95.9 | 92.6 | 79.2 | 93.7 | -93.5 | -25.3 | 40.6 | AUDUSD |
| EURJPY | 93.3 | 100.0 | 92.3 | 83.4 | 89.2 | -93.9 | -24.0 | 49.6 | EURJPY |
| EURUSD | 91.3 | 92.3 | 100.0 | 76.0 | 90.4 | -90.8 | -46.1 | 12.5 | EURUSD |
| GBPUSD | 79.2 | 82.5 | 75.4 | 100.0 | 67.8 | -77.9 | -4.4 | 44.9 | GBPUSD |
| NZDUSD | 93.7 | 89.2 | 90.4 | 67.8 | 100.0 | -96.0 | -27.5 | 24.7 | NZDUSD |
| USDCAD | -93.2 | -93.9 | -90.8 | -77.7 | -96.0 | 100.0 | 20.9 | -40.8 | USDCAD |
| USDCHF | -25.3 | -25.5 | -46.6 | -4.4 | -27.5 | 20.7 | 100.0 | 39.9 | USDCHF |
| USDJPY | 40.6 | 50.9 | 15.0 | 44.9 | 24.7 | -40.8 | 39.9 | 100.0 | USDJPY |
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | |
daily correlation
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | | |
| AUDUSD | 100.0 | 34.1 | 79.7 | 85.8 | 80.1 | -67.6 | -53.5 | -54.0 | AUDUSD |
| EURJPY | 34.1 | 100.0 | 66.3 | 29.9 | 76.8 | -74.5 | 22.9 | 43.0 | EURJPY |
| EURUSD | 79.7 | 66.3 | 100.0 | 83.3 | 81.9 | -63.6 | -44.6 | -39.1 | EURUSD |
| GBPUSD | 85.8 | 29.9 | 83.3 | 100.0 | 64.1 | -54.5 | -49.7 | -63.4 | GBPUSD |
| NZDUSD | 80.1 | 76.8 | 81.9 | 64.1 | 100.0 | -84.7 | -16.4 | -4.2 | NZDUSD |
| USDCAD | -67.6 | -74.5 | -63.6 | -54.5 | -84.7 | 100.0 | -8.1 | -15.5 | USDCAD |
| USDCHF | -53.5 | 22.9 | -44.6 | -49.7 | -16.4 | -8.1 | 100.0 | 82.4 | USDCHF |
| USDJPY | -54.0 | 43.0 | -39.1 | -63.4 | -4.2 | -15.5 | 82.4 | 100.0 | USDJPY |
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | |
weekly correlation
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | | |
| AUDUSD | 100.0 | 57.1 | 56.2 | 54.5 | 71.8 | -44.0 | -64.4 | 16.3 | AUDUSD |
| EURJPY | 57.1 | 100.0 | 94.3 | 74.4 | 56.4 | 19.4 | -62.6 | 41.2 | EURJPY |
| EURUSD | 56.2 | 94.3 | 100.0 | 88.7 | 61.9 | 34.8 | -79.2 | 8.9 | EURUSD |
| GBPUSD | 54.5 | 74.4 | 88.7 | 100.0 | 68.0 | 40.8 | -88.8 | -20.0 | GBPUSD |
| NZDUSD | 71.8 | 56.4 | 61.9 | 68.0 | 100.0 | -9.8 | -73.2 | -1.2 | NZDUSD |
| USDCAD | -44.0 | 19.4 | 34.8 | 40.8 | -9.8 | 100.0 | -20.4 | -34.2 | USDCAD |
| USDCHF | -64.4 | -62.6 | -79.2 | -88.8 | -73.2 | -20.4 | 100.0 | 30.4 | USDCHF |
| USDJPY | 16.3 | 41.2 | 8.9 | -20.0 | -1.2 | -34.2 | 30.4 | 100.0 | USDJPY |
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | |
