Strongest and weakest currency today

The answer changes every day, and a number like that says what happened, not why. Below: all eight over 1, 5 and 20 trading days, the 28 pairs behind them, and how to read it without being led by it.

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By Mike, founder of MacroSetup. Page updated 24 October 2026. By price from the ECB reference rates of 6 November 2026. The macro ranking, with the reason next to each currency, every morning for members.

An example: the ranking on a members' dashboard on an earlier day. Today's price ranking is below.

The strongest currency today, by price

Each figure is a currency's average change against the other seven majors between two ECB reference rates, so a move of the dollar alone does not make seven currencies look strong. The heat map shows the 28 pair moves those averages come from.

The eight majors by price

Average change of each major currency against the other seven, by the ECB reference rates up to 6 November 2026, sorted by 1 day
Currency	1 day	5 days	20 days
JPYJapanese yen	+0.83%	-0.07%	-0.13%
USDUS dollar	+0.73%	+0.71%	-0.08%
CHFSwiss franc	+0.59%	+1.28%	+1.62%
EUREuro	+0.13%	+0.64%	-0.49%
GBPBritish pound	+0.10%	+0.59%	+1.35%
CADCanadian dollar	-0.09%	-0.09%	+1.22%
NZDNew Zealand dollar	-0.86%	-1.18%	-1.51%
AUDAustralian dollar	-1.40%	-1.81%	-1.88%

Average change against the other seven majors, from the ECB rate of 5 November 2026 (1 day), 30 October 2026 (5 days) and 9 October 2026 (20 days) to 6 November 2026.

Currency heat map: 28 pairs over 1 day

The change in each pair's price. Green means the first currency gained on the second. Point at a pair for all three periods, or open it.

From 5 November 2026 to 6 November 2026. A deeper colour is a bigger move, measured against the largest of the 28 over the same period.

Source: ECB statistics, the euro foreign exchange reference rates, latest of 6 November 2026, fetched through Frankfurter. The averages and the pair changes are our own calculation from those rates. The ECB publishes them at around 16:00 CET on working days, for information purposes only, so this is a reading once a day and not a live or dealing price. Compiled by Mike at MacroSetup.

What price cannot tell you

Price says which currency moved. It does not say whether the central bank, the data and the risk mood are behind the move, which is what decides whether it lasts. Members see the eight ranked on that every morning, with the reason for each in a sentence.

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Four things to get right

Most free strength meters get the first two wrong, which is why two of them can disagree about the same morning.

Measure against all eight, not against the dollar
A currency that is up against one counterpart and down against six is not strong. The table above takes each major against the other seven and averages the moves, so a general dollar move does not flatter the other seven.
Use a fixed window and keep it
Strength depends entirely on when you start counting. The table runs from one ECB reference rate to the next, the same moment every working day, so the numbers can be compared. Our track record counts from the London opening instead, because that is when the money that sets these prices arrives.
Ask what put it there
A currency can be top of the list because its central bank turned hawkish, because a number beat expectations, or because everything else is being sold in a risk-off hour. Those three have very different shelf lives.
Check the gap, not the rank
First place matters far less than the distance to last. A tight field means the market has no conviction, and a pair built from two currencies half a point apart is not a macro trade.

The strongest is not the buy

Strength is a reading of what has already happened. It says where the money went, not where it is going, and a currency can sit at the top of the list and fall for three days straight without the reading having been wrong.

We measured that on our own backtests. Over one day, with no entry and no stop, picking the strong currency against the weak one lands close to a coin flip. What lifts it is selection, which of the possible pairs are worth putting in front of you at all, and that is the work rather than the ranking. The rules behind it stay ours; the outcome does not, and every day of it is published.

Which is the useful way round to hold it. Strength narrows the field to the side you are allowed to take, and your own chart decides the moment.

What puts a currency on top

The risk mood. It moves all eight at once and it is why the safe havens can lead a list without any news of their own.
The central bank. A change of tone outlasts a number, because it changes what every future number means.
The rate against the others. Being paid to hold a currency is a slow force, and the one that still works when nothing is happening.
Data against expectations. Not whether a figure was good, but whether it was better than the market had already priced.

Each of those has a weight that never changes from day to day, which is set out on the fundamental bias page.

Questions about currency strength

Which currency is the strongest today?

The strongest currency today, on the latest ECB reference rates (6 November 2026), is the Japanese yen (JPY): up 0.83% on average against the other seven majors over one trading day. The weakest is the Australian dollar (AUD), down 1.40%. On the ECB reference rates of 6 November 2026, the Swiss franc (CHF) was the strongest of the eight majors over 5 trading days, up 1.28% on average against the other seven, and the Australian dollar (AUD) the weakest, down 1.81%. This is price only: it says what happened, not why. The currency strength meter

How do you tell which currency is strongest today?

Measure each of the eight majors against the other seven, not against the dollar alone. A currency that is up against one pair and down against six is not strong, it is just facing a weak counterpart. The table on this page takes the average of a currency's moves against the other seven, from the ECB reference rates, so a general dollar move does not flatter everything else. The strength meter

Is the strongest currency of the day a buy?

Not on its own. A currency can be the strongest of the eight and still fall for three days, because strength is a reading of what has happened rather than a forecast of what is next. It is most useful the other way around: as the side you are allowed to take once your own level shows up on the chart.

What makes a currency strong?

Four things, in this order of weight for us: the risk mood of the whole market, the central bank and where its policy rate sits against the others, geopolitics, and the price of that week. The first one moves all eight at once, which is why it is read first. How the score is built

What is the world's strongest currency?

That question usually means the highest value for one unit, which is the Kuwaiti dinar, and it says nothing about trading. A unit price is set by how a currency was denominated, not by how it is performing. For trading, strength means the move against other currencies over a period, which is what our ranking measures.