Currency Pair Correlation

Written by Mataf

The following tables represent the correlation between the various parities of the foreign exchange market (forex).

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.

The correlation index are calculated on hourly, daily and weekly data.

(c)Mataf.net

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