Excerpt from: Forex Training
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| February 22, 2008 | | Learning FX jargon | Understanding FX jargon can be helpful to you as you place trades on the currency market. Here is some common jargon, mainly nicknames for currencies, that you are likely to come across:
- Greenback: US dollar
- Loonie: Canadian dollar
- Swissie: Swiss franc
- Kiwi: New Zealand dollar
- Aussie: Australian dollar
- Sterling: UK pound
- Cable: term denoting the UK pound/US dollar pair
- Yard: a billion units
- Figure: round number (1.4000)
| Topic Tags: Australian dollar, currency market, currency market jargon, forex trading, forex trading terms, FX jargon, learning FX, US dollar | |
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