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US Dollar to British Pound vs Atmospheric CO₂ (Mauna Loa)

US Dollar to British Pound and Atmospheric CO₂ (Mauna Loa) correlate at r = +0.75 over 27 years (1999–2025), p < 0.0001. With the time trend removed, r = +0.45. Holds up after detrending.

Verdict: Holds up after detrending. Statistically significant (p = < 0.0001) and the association survives trend removal (detrended r = 0.45). Correlation still isn't causation, but this one isn't an obvious artifact.

Pearson r
+0.75
p-value
< 0.0001
Years compared (n)
27 (1999–2025)
95% confidence interval
0.52 to 0.88
Correlation with the time trend removed
+0.45

Sources

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Correlation does not imply causation. How the verdict is worked out.