Macro Currency Strength Meter
The Macro Currency Strength Meter is a 100% free, systematic gauge of how strong or weak each major currency is right now. It distils a broad spectrum of macroeconomic and market data — interest rates, growth, capital flows, risk regime and global trade — into a single, reproducible score, using a proprietary framework grounded in decades of research on what moves exchange rates. Refreshed free every four hours, it still reflects the slow macro tide rather than intraday noise — an objective, jargon-free read on which currencies are fundamentally strong or weak.
Scores run from +100 (very strong) to −100 (very weak), always relative to the other majors. Read it as macro context — not a short-term buy/sell signal.
Historic Macro Strength Trend
Each currency's macro strength score over time, on the −100 to +100 scale.Currency Performance Tug of War
Each currency's relative price strength across all 28 major pairs, since the start of the window.Strength Ranking
Click any currency to expand its full breakdownThe Australian Dollar is the strongest of the eight major currencies right now, with a strength score of +51. Its biggest support is interest rates: at around 4.3%, it pays more than most other major economies — and money tends to move toward currencies that pay more. Big global investors are betting heavily that it will rise — near their most bullish in three years. That's a strong vote of confidence, though such crowded bets can reverse quickly if the mood shifts. It tends to do well when markets feel confident, and the mood is upbeat right now — a tailwind. It also earns a lot from exporting metals like iron ore, and firm prices for those are giving it an extra lift. A healthy economy adds further support. Over the past few weeks it has been steadily getting stronger. One caution: after that run it now looks stretched — expensive versus its own recent range — which raises the risk of a pullback.
Full AUD analysis & pairs →The US Dollar is one of the stronger major currencies right now (ranked #2 of 8), with a strength score of +12. Its biggest support is interest rates: at around 3.6%, it pays more than most other major economies — and money tends to move toward currencies that pay more. It's a safe-haven currency that shines when investors are nervous — but markets are fairly calm right now, which gives it less of a boost. A healthy economy adds further support. It has held fairly steady over the past few weeks.
Full USD analysis & pairs →The Canadian Dollar is one of the stronger major currencies right now (ranked #3 of 8), with a strength score of +6. It tends to do well when markets feel confident, and the mood is upbeat right now — a tailwind. It also earns a lot from exporting oil, and firm prices for those are giving it an extra lift. A softening economy, with unemployment creeping up, is another weight on it. It has held fairly steady over the past few weeks.
Full CAD analysis & pairs →The New Zealand Dollar is middle-of-the-pack among the majors (ranked #4 of 8), with a strength score of +2. Its biggest support is interest rates: at around 2.6%, it pays more than most other major economies — and money tends to move toward currencies that pay more. Big global investors are mostly betting against it, which adds to the pressure. It tends to do well when markets feel confident, and the mood is upbeat right now — a tailwind. It also earns a lot from exporting farm goods like dairy, and firm prices for those are giving it an extra lift. Over the past few weeks it has been gradually weakening. One caution: after that run it now looks stretched — expensive versus its own recent range — which raises the risk of a pullback.
Full NZD analysis & pairs →The Euro is middle-of-the-pack among the majors (ranked #5 of 8), with a strength score of -6. Its biggest drag is interest rates: at around 2.0%, it pays less than most other major economies, so it attracts less money than higher-paying rivals. It has held fairly steady over the past few weeks.
Full EUR analysis & pairs →The British Pound is one of the weaker major currencies right now (ranked #6 of 8), with a strength score of -10. A softening economy, with unemployment creeping up, is another weight on it. It has held fairly steady over the past few weeks.
Full GBP analysis & pairs →The Japanese Yen is one of the weaker major currencies right now (ranked #7 of 8), with a strength score of -19. Its biggest drag is interest rates: at around 1.3%, it pays less than most other major economies, so it attracts less money than higher-paying rivals. Big global investors are mostly betting against it, which adds to the pressure. It's a safe-haven currency that shines when investors are nervous — but markets are fairly calm right now, which gives it less of a boost. Over the past few weeks it has been gradually weakening. It's also historically cheap versus its own recent range, which can cushion the downside.
Full JPY analysis & pairs →The Swiss Franc is the weakest of the eight major currencies right now, with a strength score of -52. Its biggest drag is interest rates: at around -0.0%, it pays less than most other major economies, so it attracts less money than higher-paying rivals. It's a safe-haven currency that shines when investors are nervous — but markets are fairly calm right now, which gives it less of a boost. Over the past few weeks it has been gradually weakening. One caution: after that run it now looks stretched — expensive versus its own recent range — which raises the risk of a pullback.
Full CHF analysis & pairs →