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.
