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Other Forex Jargon

Every discipline has its jargon, and the currency market is no different. Here are some terms that a seasoned currency trader should know:

  • Cable, sterling, pound: nicknames for the GBP
  • Greenback, buck: nicknames for the U.S. dollar
  • Swissie: nickname for the Swiss franc
  • Aussie: nickname for the Australian dollar
  • Kiwi: nickname for the New Zealand dollar
  • Loonie, the little dollar: nicknames for the Canadian dollar
  • Figure: FX term connoting a round number such as 1.2000
  • Yard: a billion units, as in “I sold a couple of yards of sterling.”

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