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Correlation
of values
-91%
In sync
of periods
19%
History
daysdays · through 2026-08-28
5,152
These move in the same direction about 19% of the time
When one swings, the other almost always swings by a closely matched amount in the opposite direction (~82% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
Advanced
Statistics
In sync(i)
19%
Headline metric
Movement correlation(i)
-91%
Based on values
95% CI
-91% → -90%
Pipeline
Pipeline Summary
5,152 paired data points survived the daily window.
Raw input
5,179
6,936
Normalized
5,179
6,936
Prepared
5,179
6,936
Aligned
5,152
5,152
Invalid removed
Likely range of correlation
R²(i)
82%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
5,152
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
-91%
No shift — both series at their actual dates.
5,152 overlapping points at this shift
Baseline
-91%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-91%
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.
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,811
A: 27 / B: 1784
Series A
US Dollar Index
DTWEXBGS
FRED · 5,179 raw → 5,179 prepared
Series B
EUR/USD Exchange Rate
DEXUSEU
FRED · 6,936 raw → 6,936 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
15
Estimated crossover points between normalized spreads.
Slope
-0.0097
Linear regression slope.
Intercept
2.2548
Linear regression intercept.
Saved 4 months ago · ID: fred-dexuseu_fred-dtwexbgs_daily_5y