Forex Correlation Matrix
How the majors and crosses move together. Pearson correlation of daily log-returns over your chosen window.
Avg pairwise ρ
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Not enough data.
Notable relationships
Most aligned
No data.
Most inverse
No data.
Two pairs near +1 are nearly the same trade; near -1 they are opposite sides of one. Use this to avoid doubling exposure unintentionally.
Each cell is the Pearson correlation of the two pairs' daily log-returns over the lookback. +1 = they move in lockstep, -1 = they move oppositely, 0 = no linear relationship. Cross rates are derived from ECB reference rates, so correlations reflect daily closes (not intraday).
Source: Frankfurter (ECB) via our cached proxy. Free, no key. 19 pairs.