Currency & Pairs Archives - ForexCracked
20 posts · Page 1 / 1

AUD/USD

Australian Dollar vs US Dollar — commodity currency, heavily correlated with iron ore and Chinese demand.

Cable

Trader nickname for GBP/USD — comes from the 19th-century transatlantic telegraph cable that carried the rate.

Cross Pair

A currency pair that doesn't include the US dollar — e.g. EUR/GBP, AUD/JPY.

EUR/USD

Euro vs US Dollar — the world's most heavily traded currency pair, with the tightest spreads.

Fiber

Trader nickname for EUR/USD — modern analogue to GBP/USD's 'Cable' (fibre optic vs telegraph cable).

GBP/USD

British Pound vs US Dollar — nicknamed 'Cable'. Higher volatility than EUR/USD, driven by BoE vs Fed.

NZD/USD

New Zealand Dollar vs US Dollar — commodity currency tied to dairy exports and Australian fortunes.

Reserve Currency

A currency that central banks worldwide hold in significant quantities — USD is the dominant reserve currency.

USD/CAD

US Dollar vs Canadian Dollar — CAD is a commodity currency tied to oil and US economic ties.

USD/CHF

US Dollar vs Swiss Franc — CHF is a classic safe-haven currency.

USD/JPY

US Dollar vs Japanese Yen — one of the three deepest-liquidity pairs.

XAU/USD (Gold)

Gold priced in US dollars — traded on FX platforms as a 'CFD' or 'spot metal' alongside currency pairs.