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Pair relationship map

Currency Correlation

See which forex pairs move together (+) or opposite (−). Avoid doubling risk on hidden duplicates — or hedge with negatively correlated pairs.

EURUSDGBPUSDAUDUSDNZDUSDUSDJPYUSDCHFUSDCADEURJPYGBPJPY
EUR/USD
—
+86%
+74%
+70%
-44%
-92%
-64%
+58%
+51%
GBP/USD
+86%
—
+67%
+63%
-40%
-86%
-60%
+54%
+61%
AUD/USD
+74%
+67%
—
+91%
-38%
-70%
-47%
+41%
+35%
NZD/USD
+70%
+63%
+91%
—
-34%
-66%
-44%
+38%
+31%
USD/JPY
-44%
-40%
-38%
-34%
—
+55%
+50%
+80%
+84%
USD/CHF
-92%
-86%
-70%
-66%
+55%
—
+73%
-48%
-44%
USD/CAD
-64%
-60%
-47%
-44%
+50%
+73%
—
-30%
-27%
EUR/JPY
+58%
+54%
+41%
+38%
+80%
-48%
-30%
—
+93%
GBP/JPY
+51%
+61%
+35%
+31%
+84%
-44%
-27%
+93%
—
−100%
+100%· opposite ← → together

Moves with EUR/USD

Positive correlation: similar directional risk

  • GBP/USD+86%
  • AUD/USD+74%
  • NZD/USD+70%

Opposite to EUR/USD

Negative correlation: potential hedge candidates

  • USD/CHF-92%

+1.00 = lockstep

EUR/USD and GBP/USD often cluster above +0.8. Long both ≈ doubled euro-zone exposure.

−1.00 = mirror

EUR/USD vs USD/CHF frequently inverse. One long + one long on the mirror pair can cancel out.

Desk context

Qorix tiers cap drawdown — but correlation still matters if you run multiple manual positions.

Illustrative rolling correlations for education — not a live data feed. Values shift with volatility regimes. Use alongside position sizing and desk register for verified automated results.

Automated desks, defined risk

Tier drawdown limits. You don't have to manually hedge every correlated pair.

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