Forex Correlation

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.

Pivot:

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EURUSD

Daily

4 hours

Hourly

15 min

5 min

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

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

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

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

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

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.

Trading tools

Forex Correlation

The following tables represent the correlation between the various parities of the foreign exchange market. The charts give precise details on the correlation between two parities. They show the history and the distribution of the correlation over a given period.

Currency index

The currency index represents the evolution of a currency relative to the entire forex. The index is the average of one currency compared to others. The chart representation makes it easy to view trends by currency.

Forex Volatility

Table of the volatility for several currency pairs. The volatility is given in pip and dollar.

Global view on Financial markets

Configure your layout by displaying up to 8 charts simultaneously.

price distribution

The charts below show many types of price distribution. Every graph is updated in real time.

Pivot points

Pivot points calculator. Table of the pivot points calculated on the major forex pairs

Position sizing

Position sizing calculator. The tool gives the best size of the position for forex trading.

Pip value

Table of the value for the currency pair. The pip value of forex pairs is calculated in real time.

Value At Risk (VaR)

Value at risk (VaR) is a tool to measure the risk of loss on a portfolio. Our interactive tool allows you to measure VaR in forex.

Martingale

Test our martingale simulator.