How do pairs and their currencies correlate?

[Spellkiller]

In fact, if the price of eurusd falls, it is likely to indicate a decline in the value of the euro as a whole, but still it is necessary to look at each specific currency pair separately, because for example the eurjpy movement may no longer be very strong, because the yen is falling in price...

 

[Michaella]

No single currency pair ever trades independently from others, they are all interlinked. This is called positive or negative correlation – positive when the pairs react in line and negative when they react opposite.

 

[sebking1986]

I find this a useful tabular format of seeing correlations between the pairs: https://www.myfxbook.com/forex-market/correlation

 

[momo3HC]

I find this a useful tabular format of seeing correlations between the pairs: https://www.myfxbook.com/forex-market/correlation

Hey that`s very useful. Thanks.

 

[JohnnyJoe]

Must use that table instead of trying to remember that

 

[BitcoinBabe]

I find this a useful tabular format of seeing correlations between the pairs: https://www.myfxbook.com/forex-market/correlation

Handy that thank you