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Currency Correlation Table
Knowing the currency correlation between particular currency pairs can be very useful for forex traders, and assist them with their trading decisions, as well as assisting with risk management. The following tables represent the currency correlation between the various currency pairs in the foreign exchange market. The correlation coefficient highlights the degree of similarity of the movements between any two given currency pairs.

If the correlation is high (ie above 80) and positive then the currencies move in the same way.
If the correlation is high (ie above 80) and negative then the currencies move in the opposite way.
If the correlation is low (ie below 60) then the currencies don't move in the same way.

The currency pair correlation indices are calculated on both daily and hourly data points.

 

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