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

Correlation Coefficient

A coefficient near or at +1 indicates that the two pairs have a 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 a 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/USDUSD/JPYUSD/CHFGBP/USDUSD/CADAUD/USDNZD/USDEUR/JPYEUR/GBP
1 week-0.23-1.000.94-0.980.980.930.930.86
1 month0.63-0.980.13-0.900.900.960.910.86
3 month-0.62-0.920.830.140.630.420.610.75
6 month-0.62-0.850.31-0.350.610.650.280.71
1 year-0.69-0.980.88-0.930.950.960.660.02

USD/JPY Correlations

USD/JPYEUR/USDUSD/CHFGBP/USDUSD/CADAUD/USDNZD/USDEUR/JPYEUR/GBP
1 week-0.230.22-0.210.07-0.220.070.14-0.20
1 month0.63-0.52-0.35-0.580.460.640.890.77
3 month-0.620.52-0.62-0.40-0.300.090.24-0.35
6 month-0.620.780.140.43-0.70-0.630.58-0.68
1 year-0.690.74-0.510.67-0.69-0.690.09-0.20

USD/CHF Correlations

USD/CHFEUR/USDUSD/JPYGBP/USDUSD/CADAUD/USDNZD/USDEUR/JPYEUR/GBP
1 week-1.000.22-0.950.98-0.99-0.95-0.93-0.83
1 month-0.98-0.52-0.240.89-0.93-0.94-0.87-0.79
3 month-0.920.52-0.790.14-0.78-0.57-0.62-0.67
6 month-0.850.78-0.070.66-0.88-0.860.06-0.74
1 year-0.980.74-0.870.96-0.98-0.98-0.58-0.01

GBP/USD Correlations

GBP/USDEUR/USDUSD/JPYUSD/CHFUSD/CADAUD/USDNZD/USDEUR/JPYEUR/GBP
1 week0.94-0.21-0.95-0.900.940.870.880.64
1 month0.13-0.13-0.24-0.260.310.20-0.10-0.39
3 month0.83-0.62-0.790.210.700.490.410.26
6 month0.310.14-0.070.17-0.02-0.160.49-0.45
1 year0.88-0.51-0.87-0.890.870.860.69-0.45

USD/CAD Correlations

USD/CADEUR/USDUSD/JPYUSD/CHFGBP/USDAUD/USDNZD/USDEUR/JPYEUR/GBP
1 week-0.980.070.98-0.90-0.98-0.98-0.97-0.88
1 month-0.89-0.580.89-0.26-0.96-0.96-0.83-0.70
3 month0.14-0.400.140.21-0.41-0.56-023-0.02
6 month-0.350.430.660.17-0.83-0.770.16-0.45
1 year-0.930.670.96-0.89-0.97-0.96-0.590.13

AUD/USD Correlations

AUD/USDEUR/USDUSD/JPYUSD/CHFGBP/USDUSD/CADNZD/USDEUR/JPYEUR/GBP
1 week0.98-0.22-0.990.94-0.980.950.920.83
1 month0.900.46-0.930.31-0.960.940.760.67
3 month0.63-0.30-0.780.70-0.410.870.480.28
6 month0.61-0.70-0.88-0.02-0.830.91-0.230.58
1 year0.95-0.69-0.980.87-0.970.990.59-0.0

NZD/USD Correlations

NZD/USDEUR/USDUSD/JPYUSD/CHFGBP/USDUSD/CADAUD/USDEUR/JPYEUR/GBP
1 week0.930.07-0.950.87-0.980.950.980.83
1 month0.960.64-0.940.20-0.960.940.900.79
3 month0.420.09-0.570.49-0.560.870.610.17
6 month0.65-0.63-0.86-0.16-0.770.91-0.090.72
1 year0.96-0.63-0.980.86-0.960.990.610.00

EUR/JPY Correlations

EUR/JPYEUR/USDUSD/JPYUSD/CHFGBP/USDUSD/CADAUD/USDNZD/USDEUR/GBP
1 week0.930.14-0.930.88-0.970.920.980.81
1 month0.910.89-0.84-0.10-0.830.760.900.90
3 month0.610.24-0.620.41-0.230.480.610.58
6 month0.280.580.060.490.16-0.23-0.09-0.09
1 year0.660.09-0.580.69-0.590.590.61-0.20

EUR/GBP Correlations

EUR/GBPEUR/USDUSD/JPYUSD/CHFGBP/USDUSD/CADAUD/USDNZD/USDEUR/JPY
1 week0.86-0.20-0.830.64-0.880.830.830.81
1 month0.860.77-0.79-0.39-0.700.670.790.90
3 month0.75-0.35-0.670.26-0.020.280.170.58
6 month0.71-0.68-0.74-0.45-0.450.580.72-0.09
1 year0.02-0.20-0.01-0.450.13-0.030.00-0.20