By combining optical tweezers with polarization microscopy, the hydrodynamic coupling between position and orientation fluctuations in a pair of colloidal spheres has been measured. Imaging of birefringent particles under crossed polarizers allows for the simultaneous determination of the positions and orientations of both particles. The temporal cross-correlation function between random displacements of one particle and orientation fluctuations of its neighbor allows for the quantification of the hydrodynamic rotation-translation coupling between the spheres. Our results are in good agreement with predictions for the hydrodynamic mobility tensors calculated in the creeping-flow limit of the Navier-Stokes equation.