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