Can anyone point me to a source that provides updated correlations of the majorpairs? I appreciate the help.
Thanks, perfect.
I searched for correlation information and I found the way you interpret them but I could say it�s just to confirm if two orders won�t cancel each other because anyway I need to plan the order first. This site Using Currency Correlations To Your Advantage has some exact values of correlation but I don�t see purpose in so much accuracy.
On the link daydreamer posted there is a link to the precise calculations, very up to date, and listed for various time periods. Yes, the only reason I am interested is to see how closely certain pairs are moving together to see how much trades are overlapping each other. If I am choosing a couple trades out of 6 pairs I don’t want pick two trades that will move too similarly.