Correlation table
The following tables represents the correlation between the various parities of the foreign exchange market.
The correlation coefficient highlights the similarity of the movements between two parities.
- If the correlation is high (above 80) and positive then the currencies move in the same way.
- If the correlation is high (above 80) and negative then the currencies move in the opposite way.
- If the correlation is low (below 60) then the currencies don't move in the same way.
5min correlation
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | | |
| AUDUSD | 100 | 15.3 | 22.7 | 46.8 | 96.4 | -35.8 | -8.6 | -26.9 | AUDUSD |
| EURJPY | 15.3 | 100 | 96.4 | 58 | 8.2 | -3.6 | -71.9 | 30.2 | EURJPY |
| EURUSD | 22.7 | 96.4 | 100 | 64.1 | 15.3 | -14.4 | -76.3 | 5.4 | EURUSD |
| GBPUSD | 46.8 | 58 | 64.1 | 100 | 44 | -48.6 | -56.1 | -10.3 | GBPUSD |
| NZDUSD | 96.4 | 8.2 | 15.3 | 44 | 100 | -34.4 | -1.6 | -24.9 | NZDUSD |
| USDCAD | -35.8 | -3.6 | -14.4 | -48.6 | -34.4 | 100 | 13.6 | 36.8 | USDCAD |
| USDCHF | -8.6 | -71.9 | -76.3 | -56.1 | -1.6 | 13.6 | 100 | 9.6 | USDCHF |
| USDJPY | -26.9 | 30.2 | 5.4 | -10.3 | -24.9 | 36.8 | 9.6 | 100 | USDJPY |
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | |
hourly correlation
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | | |
| AUDUSD | 100 | 72.9 | 3.6 | -6.6 | 92.5 | -93.2 | 23.7 | 70.7 | AUDUSD |
| EURJPY | 72.9 | 100 | 40.4 | 13.5 | 57.4 | -74.7 | -14.5 | 67 | EURJPY |
| EURUSD | 3.6 | 40.4 | 100 | 78.4 | 7 | -9 | -91.7 | -40.7 | EURUSD |
| GBPUSD | -6.6 | 13.5 | 78.4 | 100 | -5.9 | -2.9 | -72.5 | -50 | GBPUSD |
| NZDUSD | 92.5 | 57.4 | 7 | -5.9 | 100 | -81.7 | 14.3 | 52.6 | NZDUSD |
| USDCAD | -93.2 | -74.7 | -9 | -2.9 | -81.7 | 100 | -20.2 | -67.8 | USDCAD |
| USDCHF | 23.7 | -14.5 | -91.7 | -72.5 | 14.3 | -20.2 | 100 | 60.4 | USDCHF |
| USDJPY | 70.7 | 67 | -40.7 | -50 | 52.6 | -67.8 | 60.4 | 100 | USDJPY |
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | |
daily correlation
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | | |
| AUDUSD | 100 | -32.5 | -6.1 | 34.4 | 98.6 | -94.4 | -38.7 | -75.1 | AUDUSD |
| EURJPY | -32.5 | 100 | 94.2 | 57 | -39 | 13.1 | -67.4 | 69 | EURJPY |
| EURUSD | -6.1 | 94.2 | 100 | 71.2 | -13.6 | -12.7 | -84.2 | 40.8 | EURUSD |
| GBPUSD | 34.4 | 57 | 71.2 | 100 | 28.7 | -46.5 | -82.6 | 2.4 | GBPUSD |
| NZDUSD | 98.6 | -39 | -13.6 | 28.7 | 100 | -90.3 | -34 | -76.4 | NZDUSD |
| USDCAD | -94.4 | 13.1 | -12.7 | -46.5 | -90.3 | 100 | 49.6 | 62.7 | USDCAD |
| USDCHF | -38.7 | -67.4 | -84.2 | -82.6 | -34 | 49.6 | 100 | -2.2 | USDCHF |
| USDJPY | -75.1 | 69 | 40.8 | 2.4 | -76.4 | 62.7 | -2.2 | 100 | USDJPY |
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | |
weekly correlation
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | | |
| AUDUSD | 100 | 54.8 | 64.2 | 67.8 | 76.5 | -78.7 | -57.8 | 27.1 | AUDUSD |
| EURJPY | 54.8 | 100 | 90.4 | 85.6 | 16.1 | -85.8 | -40.1 | 83.6 | EURJPY |
| EURUSD | 64.2 | 90.4 | 100 | 93.1 | 43.8 | -83.3 | -70 | 52.2 | EURUSD |
| GBPUSD | 67.8 | 85.6 | 93.1 | 100 | 40.6 | -84 | -65.2 | 51.6 | GBPUSD |
| NZDUSD | 76.5 | 16.1 | 43.8 | 40.6 | 100 | -45.9 | -80.5 | -24.2 | NZDUSD |
| USDCAD | -78.7 | -85.8 | -83.3 | -84 | -45.9 | 100 | 51 | -64.8 | USDCAD |
| USDCHF | -57.8 | -40.1 | -70 | -65.2 | -80.5 | 51 | 100 | 9.4 | USDCHF |
| USDJPY | 27.1 | 83.6 | 52.2 | 51.6 | -24.2 | -64.8 | 9.4 | 100 | USDJPY |
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | |
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