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 | 22.7 | 82.4 | 86.8 | 80.8 | -89.3 | -65.2 | -9.7 | AUDUSD |
| EURJPY | 22.7 | 100 | 33.3 | 4.2 | 2.8 | -46.3 | 43.4 | 92 | EURJPY |
| EURUSD | 82.4 | 33.3 | 100 | 80.3 | 56.7 | -80.7 | -62.2 | -5.7 | EURUSD |
| GBPUSD | 86.8 | 4.2 | 80.3 | 100 | 66.6 | -80.6 | -75.7 | -28.8 | GBPUSD |
| NZDUSD | 80.8 | 2.8 | 56.7 | 66.6 | 100 | -59.8 | -56.8 | -19.1 | NZDUSD |
| USDCAD | -89.3 | -46.3 | -80.7 | -80.6 | -59.8 | 100 | 47.7 | -15.7 | USDCAD |
| USDCHF | -65.2 | 43.4 | -62.2 | -75.7 | -56.8 | 47.7 | 100 | 72 | USDCHF |
| USDJPY | -9.7 | 92 | -5.7 | -28.8 | -19.1 | -15.7 | 72 | 100 | USDJPY |
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | |
hourly correlation
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | | |
| AUDUSD | 100 | -61.2 | 43 | 84 | 97.5 | -94 | -93.2 | -89.5 | AUDUSD |
| EURJPY | -61.2 | 100 | 33 | -75.5 | -59.9 | 55.7 | 65.6 | 78.1 | EURJPY |
| EURUSD | 43 | 33 | 100 | 9.4 | 37.8 | -43.2 | -36.4 | -33.1 | EURUSD |
| GBPUSD | 84 | -75.5 | 9.4 | 100 | 89 | -86.9 | -86.5 | -81.5 | GBPUSD |
| NZDUSD | 97.5 | -59.9 | 37.8 | 89 | 100 | -95.6 | -93.5 | -84.7 | NZDUSD |
| USDCAD | -94 | 55.7 | -43.2 | -86.9 | -95.6 | 100 | 93.9 | 84.2 | USDCAD |
| USDCHF | -93.2 | 65.6 | -36.4 | -86.5 | -93.5 | 93.9 | 100 | 89.6 | USDCHF |
| USDJPY | -89.5 | 78.1 | -33.1 | -81.5 | -84.7 | 84.2 | 89.6 | 100 | USDJPY |
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | |
daily correlation
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | | |
| AUDUSD | 100 | -65.8 | 13.7 | -7.9 | 62.8 | -7.5 | -70.9 | -77.9 | AUDUSD |
| EURJPY | -65.8 | 100 | 51.9 | 50.5 | 0.8 | -13.6 | 9.8 | 96.8 | EURJPY |
| EURUSD | 13.7 | 51.9 | 100 | 72.7 | 62.2 | -35.5 | -72.9 | 28.8 | EURUSD |
| GBPUSD | -7.9 | 50.5 | 72.7 | 100 | 63.5 | -67.7 | -44.8 | 35.1 | GBPUSD |
| NZDUSD | 62.8 | 0.8 | 62.2 | 63.5 | 100 | -46.7 | -82.8 | -17.6 | NZDUSD |
| USDCAD | -7.5 | -13.6 | -35.5 | -67.7 | -46.7 | 100 | 23.6 | -4.6 | USDCAD |
| USDCHF | -70.9 | 9.8 | -72.9 | -44.8 | -82.8 | 23.6 | 100 | 32.4 | USDCHF |
| USDJPY | -77.9 | 96.8 | 28.8 | 35.1 | -17.6 | -4.6 | 32.4 | 100 | USDJPY |
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | |
weekly correlation
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | | |
| AUDUSD | 100 | -19.3 | 11.7 | 39.4 | 38.2 | -51 | -27.9 | -26.2 | AUDUSD |
| EURJPY | -19.3 | 100 | 69.7 | -55.6 | 73.6 | 47.2 | -43.4 | 98.1 | EURJPY |
| EURUSD | 11.7 | 69.7 | 100 | 9.2 | 74.9 | -11.2 | -91.2 | 54.4 | EURUSD |
| GBPUSD | 39.4 | -55.6 | 9.2 | 100 | -11 | -87.8 | -35.8 | -67.4 | GBPUSD |
| NZDUSD | 38.2 | 73.6 | 74.9 | -11 | 100 | -3.4 | -64.5 | 65.6 | NZDUSD |
| USDCAD | -51 | 47.2 | -11.2 | -87.8 | -3.4 | 100 | 30.7 | 58.2 | USDCAD |
| USDCHF | -27.9 | -43.4 | -91.2 | -35.8 | -64.5 | 30.7 | 100 | -26.1 | USDCHF |
| USDJPY | -26.2 | 98.1 | 54.4 | -67.4 | 65.6 | 58.2 | -26.1 | 100 | USDJPY |
| | AUDUSD | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | |
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