TRENDING:

XAU/USD

EUR/USD

Currency Market Correlations: EUR, GBP, AUD, NZD, CAD

Brian Twomey Brian's Investment

Correlations listed below are derived from my averages 5 to 253 days. The 253 day average is an average of 7 nations yearly trading days. The 253 day is exact to USD and New Zealand. Why include 253 is because the 200 day or 6 months correspondence to markets is strange and not completely explained.

The averages total 7 which places the 50 day direct center to 5, 10 and 20 below and 100, 200 and 253 above. Averages are exact and perfect which means Correlations are perfect. Applying faulty averages from charts abuses the privilege for correct correlations. A negative correlation may end as positive or positive may end as negative.

Correlations are good for at least 1 month.

NZD/USD as seen is negatively correlated to NZD/JPY, NZD/CHF and NZD/CAD. USD/JPY owns JPY cross pairs by correlation except EUR/JPY.

NZD/USD

NZD/USD Vs NZD/JPY -12% or 12%

NZD/USD Vs NZD/CHF -0.04% or 04%

NZD/USD Vs NZD/CAD -0.27% or 27%

EUR/USD

EUR/USD Vs EUR/JPY + 0.62 or 62%

EUR/USD Vs EUR/GBP + 0.94 or 94%.

EUR/USD Vs EUR/CHF + 0.98% or 98%.

EUR/USD Vs EUR/CAD + 0.97% or 97%.

EUR/USD Vs EUR/NZD + 0.98% or 98%.

EUR/USD Vs EUR/AUD +0.85 or 85%.

GBP/USD

GBP/USD Vs GBP/JPY -0.52 or 52%.

GBP/USD Vs GBP/CHF +0.96 or 96%.

GBP/USD Vs GBP/CAD 0.94% or 94%.

GBP/USD Vs GBP/NZD +0.97% or 97%.

GBP/USD Vs GBP/AUD +0.51% or 51%.

AUD/USD

AUD/USD Vs AUD/JPY -0.21% or 21%.

AUD/USD Vs AUD/CHF +0.95% or 95%.

AUD/USD Vs AUD/CAD +0.95% or 95%.

AUD/USD Vs AUD/NZD +0.97% or 97%.

USD/CAD

USD/CAD Vs CAD/JPY - 0.29% or 29%.

USD/CAD Vs CAD/CHF -0.47% or 47%.

CAD/JPY Vs CAD/CHF +0.42% or 42%. Same currency pair

Author

Brian Twomey

Brian's Investment

Brian Twomey is an independent trader and a prolific writer on trading, having authored over sixty articles in Technical Analysis of Stocks & Commodities and Investopedia.

GBP/USD extends the drop to 1.3360

GBP/USD builds on Monday’s decline and briefly clinches five-day lows near 1.3360 on Tuesday. Cable’s extra pullback follows the better tone in the Greenback as uncertainty in the Middle East prompts investors to adopt a cautious stance. Meanwhile, an apathetic UK labour market report also collaborates with the selling pressure on the British Pound.

EUR/USD holds gains above 1.1400 on hawkish ECB expectations despite US-Iran tensions

The EUR/USD pair trades with mild gains around 1.1405 during the early Asian session on Wednesday. A hawkish tone from the European Central Bank provides some support to the Euro against the US Dollar. Traders await the upcoming ECB interest rate decision on Thursday.

Gold hits one-week high, near $4,100 as bulls shrug off Fed hike bets and firmer USD

Gold advances to an over one-week high during the Asian session on Wednesday, with bulls now awaiting a move beyond $4,100 before positioning for additional gains. However, concerns about energy-driven inflation risks continue to fuel Fed rate-hike bets and act as a tailwind for the US Dollar amid escalating US-Iran tensions, which, in turn, could cap the bullion.

XRP rebounds on rising on-chain activity

Ripple (XRP) ticks up and trades around $1.13 at the time of writing on Tuesday. This rebound aligns with a broader recovery in the cryptocurrency market, attributed to reports that mediators between the United States (US) and Iran are seeking a 10-day cessation of strikes to find a way back to the signed Memorandum of Understanding (MoU).

The Iranian war has again risen

The Iranian war has again risen to the top of the economics factor list. There is no end in sight. Intelligence experts say the current level of offense/retaliation will not change minds in Tehran, while in Washington, Trump fears all-out war, which would mean boots on the ground.

US Dollar mid-year outlook: Exceptional currency, exceptional risks?

The US Dollar enters the second half of 2026 in a markedly different position from a year ago. The King currency has recovered, reflecting persistent US inflation, changing expectations for Fed policy, geopolitical tensions and renewed demand for defensive assets.