Loading market view
Loading market view
Loading correlations
Correlation
of values
+24%
In sync
of periods
33%
History
daysdays · through 2026-05-15
11,384
These move in the same direction about 33% of the time
Their swing sizes only faintly line up (~6% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
33.3%
Headline metric
Movement correlation(i)
+24%
Based on values
95% CI
+22% → +26%
Likely range of correlation
Pipeline
Pipeline Summary
11,384 paired data points survived the daily window.
Raw input
13,885
11,384
Normalized
13,885
11,384
Prepared
13,885
11,384
Aligned
11,384
11,384
Invalid removed
R²(i)
5.7%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
11,384
Deep
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
+24%
No shift — both series at their actual dates.
11,384 overlapping points at this shift
Baseline
+24%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+24%
A non-zero peak suggests one series lines up better when shifted against the other.
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Do They Crash Together?
How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.
Both Rising
-38%
40 periods · Return correlation when both series rose
Both Falling
-25%
57 periods · Return correlation when both series fell
Diverging
-75%
152 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
2,501
A: 2501 / B: 0
Series A
GBP/USD Exchange Rate
DEXUSUK
FRED · 13,885 raw → 13,885 prepared
Series B
USD/SGD Exchange Rate
DEXSIUS
FRED · 11,384 raw → 11,384 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
196
Estimated crossover points between normalized spreads.
Slope
0.3296
Linear regression slope.
Intercept
1.0967
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dexsius_fred-dexusuk_daily_5y