Forex Currencies Nicknames

April 13, 2009 by Loz 

Hi everyone,

I’m sure those who are already familiar with Forex know of what the major currency pairs and a few others, know of their Nicknames.

So when ever you read forums and you see them call out these names, now you know what they are referring to. :)

AUD/USD “Aussie”
EUR/USD “Euro or fiber”
GBP/JPY “Geppy”
GBP/USD “Cable”
NZD/USD “Kiwi”
USD/CAD “Loonie”
USD/CHF “Swissy”
USD/JPY “Gopher”

GBP/USD got its nickname “Cable” way back when the Atlantic Ocean had steel cable laid on its ocean floor beds back in 1858. Crikey, I didn’t even know they laid cable back then….lol
Did I say I passed my History…NOT! LOL :)

Any way, they telegraphically lined up the UK to the USA, which allowed them to send messages of the currency prices to be transmitted back and forth between London and New York Stock Exchanges. How cool is that! :)

I can’t find any more information on why these other currency pairs got their nicknames, if you know why, please let me know.
Oh, BTW, have you taken a look at the Forex Predictions area, for 13th April? Looks like the 1HR Chart is starting to form that Bullish Divergence I was talking about. Just a little bit higher to go, we also need the BLUE and RED Moving Averages to trigger off as well before this is a certain BUY Trade! :)

To Your Success & Happiness,

Loz Lawn
Lawnwell, Inc
CEO Day Trading FX Course
P.S
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