Top Absolute Correlation · USDCAD - USDZAR, 83.6% ; Top Positive Correlation · USDCAD - USDZAR, 83.6% ; Top Negative Correlation · USDCAD - GBPUSD, -45.9%.

Compare correlation of up to 10 different currency pairs in real time. Type in a currency pair and select it for comparison. Use the historical correlation ...

As we've noted, the USDCAD currency pair is highly correlated to oil prices. As such it is one of three important commodity pairs within the foreign exchange ...

Each table shows the relationship between each main currency pair (in orange) and other currency pairs (in white) over various time frames.

USD CAD correlation table. See how US Dollar - Canadian Dollar correlated to stock indices, other currencies, commodities and metals.

24 мая 2024 г. · This means oil is strongly negatively correlated with USD/CAD. If oil prices rise, USD/CAD falls, while when crude prices fall, the major rises.

Trading the USDCAD price is easier when you check the USDCAD Oil Correlation. When oil price increase, CAD currency get stronger so the USDCAD goes down.

Take USD/CAD and USD/CHF, for example. With a coefficient of 0.95, they had a strong positive correlation over the past year, but the relationship deteriorated ...

27 нояб. 2023 г. · The correlation is measured by a coefficient, which can range from -1 to +1. For example, 1.00 means that two currency pairs move exactly the same way.

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