Currency Correlation

Correlation – term which is used to depict when two currency pairs in the context of forex trading tend to exhibit the same characteristics. This could mean; two currency pairs could rally in unison or decline together…. read more about Currency Correlations and how to trade it

Currency Correlation Table:

Correlation ranges from -100% to +100%,

 -100% = currencies moving in opposite directions (negative correlation) / +100% = currencies moving in the same direction.

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