How To Read Currency Correlation Tables

Are you a visual learner? Do you like looking at sexy women or hunky men? If so, perfect!

Take a look at the following tables.

Each table shows the relationship between each main currency pair (in orange) and other currency pairs (in white) over various time frames.

Remember, currency correlation is presented in decimal format by a correlation coefficient, simply a number between -1.00 and +1.00. A coefficient near or at +1 indicates that the two pairs have strong positive correlation and will likely move in the same direction.

In the same respect, a coefficient near or at -1 indicates that the two pairs still have strong correlation, but a negative one, resulting in the pairs moving in opposite directions.

A coefficient near or at zero indicates a very weak or random relationship.

EUR/USD Correlations

EUR/USD USD/JPY USD/CHF GBP/USD USD/CAD AUD/USD NZD/USD EUR/JPY EUR/GBP
1 week -0.23 -1.00 0.94 -0.98 0.98 0.93 0.93 0.86
1 month 0.63 -0.98 0.13 -0.90 0.90 0.96 0.91 0.86
3 month -0.62 -0.92 0.83 0.14 0.63 0.42 0.61 0.75
6 month -0.62 -0.85 0.31 -0.35 0.61 0.65 0.28 0.71
1 year -0.69 -0.98 0.88 -0.93 0.95 0.96 0.66 0.02

USD/JPY Correlations

USD/JPY EUR/USD USD/CHF GBP/USD USD/CAD AUD/USD NZD/USD EUR/JPY EUR/GBP
1 week -0.23 0.22 -0.21 0.07 -0.22 0.07 0.14 -0.20
1 month 0.63 -0.52 -0.35 -0.58 0.46 0.64 0.89 0.77
3 month -0.62 0.52 -0.62 -0.40 -0.30 0.09 0.24 -0.35
6 month -0.62 0.78 0.14 0.43 -0.70 -0.63 0.58 -0.68
1 year -0.69 0.74 -0.51 0.67 -0.69 -0.69 0.09 -0.20

USD/CHF Correlations

USD/CHF EUR/USD USD/JPY GBP/USD USD/CAD AUD/USD NZD/USD EUR/JPY EUR/GBP
1 week -1.00 0.22 -0.95 0.98 -0.99 -0.95 -0.93 -0.83
1 month -0.98 -0.52 -0.24 0.89 -0.93 -0.94 -0.87 -0.79
3 month -0.92 0.52 -0.79 0.14 -0.78 -0.57 -0.62 -0.67
6 month -0.85 0.78 -0.07 0.66 -0.88 -0.86 0.06 -0.74
1 year -0.98 0.74 -0.87 0.96 -0.98 -0.98 -0.58 -0.01

GBP/USD Correlations

GBP/USD EUR/USD USD/JPY USD/CHF USD/CAD AUD/USD NZD/USD EUR/JPY EUR/GBP
1 week 0.94 -0.21 -0.95 -0.90 0.94 0.87 0.88 0.64
1 month 0.13 -0.13 -0.24 -0.26 0.31 0.20 -0.10 -0.39
3 month 0.83 -0.62 -0.79 0.21 0.70 0.49 0.41 0.26
6 month 0.31 0.14 -0.07 0.17 -0.02 -0.16 0.49 -0.45
1 year 0.88 -0.51 -0.87 -0.89 0.87 0.86 0.69 -0.45

USD/CAD Correlations

USD/CAD EUR/USD USD/JPY USD/CHF GBP/USD AUD/USD NZD/USD EUR/JPY EUR/GBP
1 week -0.98 0.07 0.98 -0.90 -0.98 -0.98 -0.97 -0.88
1 month -0.89 -0.58 0.89 -0.26 -0.96 -0.96 -0.83 -0.70
3 month 0.14 -0.40 0.14 0.21 -0.41 -0.56 -023 -0.02
6 month -0.35 0.43 0.66 0.17 -0.83 -0.77 0.16 -0.45
1 year -0.93 0.67 0.96 -0.89 -0.97 -0.96 -0.59 0.13

AUD/USD Correlations

AUD/USD EUR/USD USD/JPY USD/CHF GBP/USD USD/CAD NZD/USD EUR/JPY EUR/GBP
1 week 0.98 -0.22 -0.99 0.94 -0.98 0.95 0.92 0.83
1 month 0.90 0.46 -0.93 0.31 -0.96 0.94 0.76 0.67
3 month 0.63 -0.30 -0.78 0.70 -0.41 0.87 0.48 0.28
6 month 0.61 -0.70 -0.88 -0.02 -0.83 0.91 -0.23 0.58
1 year 0.95 -0.69 -0.98 0.87 -0.97 0.99 0.59 -0.0

NZD/USD Correlations

NZD/USD EUR/USD USD/JPY USD/CHF GBP/USD USD/CAD AUD/USD EUR/JPY EUR/GBP
1 week 0.93 0.07 -0.95 0.87 -0.98 0.95 0.98 0.83
1 month 0.96 0.64 -0.94 0.20 -0.96 0.94 0.90 0.79
3 month 0.42 0.09 -0.57 0.49 -0.56 0.87 0.61 0.17
6 month 0.65 -0.63 -0.86 -0.16 -0.77 0.91 -0.09 0.72
1 year 0.96 -0.63 -0.98 0.86 -0.96 0.99 0.61 0.00

EUR/JPY Correlations

EUR/JPY EUR/USD USD/JPY USD/CHF GBP/USD USD/CAD AUD/USD NZD/USD EUR/GBP
1 week 0.93 0.14 -0.93 0.88 -0.97 0.92 0.98 0.81
1 month 0.91 0.89 -0.84 -0.10 -0.83 0.76 0.90 0.90
3 month 0.61 0.24 -0.62 0.41 -0.23 0.48 0.61 0.58
6 month 0.28 0.58 0.06 0.49 0.16 -0.23 -0.09 -0.09
1 year 0.66 0.09 -0.58 0.69 -0.59 0.59 0.61 -0.20

EUR/GBP Correlations

EUR/GBP EUR/USD USD/JPY USD/CHF GBP/USD USD/CAD AUD/USD NZD/USD EUR/JPY
1 week 0.86 -0.20 -0.83 0.64 -0.88 0.83 0.83 0.81
1 month 0.86 0.77 -0.79 -0.39 -0.70 0.67 0.79 0.90
3 month 0.75 -0.35 -0.67 0.26 -0.02 0.28 0.17 0.58
6 month 0.71 -0.68 -0.74 -0.45 -0.45 0.58 0.72 -0.09
1 year 0.02 -0.20 -0.01 -0.45 0.13 -0.03 0.00 -0.20

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  1. Currency Correlation Explained
  2. How To Read Currency Correlation Tables
  3. Are You Doubling Your Risk Without Knowing It?
  4. How To Use Currency Correlation In Your Trading
  5. Be Careful! Currency Correlations Change!
  6. How To Calculate Currency Correlations With Excel
  7. Summary: Currency Correlations