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