Forex Correlation

Forex Correlation:Forex hourly and daily correlation charts. View correlation for the EUR/USD, GBP/USD, USD/CHF, USD/JPY, EUR/JPY, AUD/USD and NZD/USD. Scroll the toolbar to the right to view the appropriate charts.

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.

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