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Forex, Trading, Currency

Forex special vocabulary

Forex special vocabulary

Posted by Trader On October - 20 - 2009













Support and resistance levels strategy, Average moving medium strategy, Spot forex vs. currency futures can be found in any Forex overview. Yet, something is hidden behind the scene.

Forex trading, as well as any other kind of human activity has its unique professional terms – the vocabulary, used by the professionals daily, but absolutely not understandable for a newcomer or an industry outsider.

Notion Currency Pair Trading term
GBPUSD British Pound / US Dollar "Cable"
EURUSD Euro / US Dollar "Euro"
USDJPY US Dollar / Japanese Yen "Dollar Yen"
USDCHF US Dollar / Swiss Franc "Dollar Swiss", or "Swissy"
USDCAD US Dollar / Canadian Dollar "Dollar Canada"
AUDUSD Australian Dollar / US Dollar "Aussie Dollar"
EURGBP Euro / British Pound "Euro Sterling"
EURJPY Euro / Japanese Yen "Euro Yen"
EURCHF Euro / Swiss Franc "Euro Swiss"
GBPCHF British Pound / Swiss Franc "Sterling Swiss"
GBPJPY British Pound / Japanese Yen "Sterling Yen"
CHFJPY Swiss Franc / Japanese Yen "Swiss Yen"
NZDUSD New Zealand Dollar / US Dollar "New Zealand Dollar" or "Kiwi"
USDZAR US Dollar / South African Rand "Dollar Zar" or "South African Rand"
GLDUSD Spot Gold "Gold"
SLVUSD Spot Silver "Silver"
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