US Dollar / Euro vs US Dollar / Swiss Franc

US Dollar / Euro (USD/EUR) and US Dollar / Swiss Franc (USD/CHF) compared side by side. Over the past 90 days, USD/EUR is ahead by 0.8 percentage points (USD/EUR +2.0% against USD/CHF +1.2%). Their daily returns move closely together (correlation 0.82 across 284 shared trading days). USD/CHF has been the more volatile of the two, at 8% annualised against USD/EUR's 6%.

Correlation: 0.82
Ahead over 90 days: USD/EUR

US Dollar / EuroUSD/EUR

$0.894530

24h: +0.33%
Market cap: —
Volume 24h: —
Volatility (ann.): 6%

US Dollar / Swiss FrancUSD/CHF

$0.819930

24h: +0.04%
Market cap: —
Volume 24h: —
Volatility (ann.): 8%

Performance

USD/EURUSD/CHF

7 days+0.26%-0.17%USD/EUR
30 days+2.29%-0.29%USD/EUR
90 days+1.98%+1.20%USD/EUR

Correlation

0.82over 284 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4390d: 0.721y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	USD/EUR	USD/CHF
Max drawdown (400d)	-4.4%	-5.8%
Risk-adjusted return (90d)	0.38	0.15

Relative strength over 90 days: USD/EUR outperformed USD/CHF by 0.8% — measured on the USD/EUR/USD/CHF ratio, so it holds regardless of market direction.

US Dollar / Euro →US Dollar / Swiss Franc →