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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