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