HFM information and reviews
HFM
96%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FBS information and reviews
FBS
88%
XM information and reviews
XM
86%
Exness information and reviews
Exness
86%

Cable or Loonie? The ultimate guide to currency nicknames


What are these pro-traders talking about?  Who or what are Matie and Guppy? Are they distant relatives or secret code words to enter a sorority? Too many questions, but the answers are too few. Fret not! Today you gonna boost your knowledge and find out how traders in the professional community call currencies. Some nicknames are funny; others carry exciting stories. Uncover all of them and become a seasoned trader who is no newbie to FX slang.

So, what do the nicknames stand for?


Chunnel

The EUR/GBP is called Chunnel. It refers to the Channel Tunnel – the road that connects the UK with the Eurozone through France. EUR and this tunnel came into operation at the same time, that is why the currency pair took this nickname.

Cable

When Big Ban hasn’t yet been completed, and the Internet was the wildest dream, the UK and the US got connected by a steel cable beneath the Atlantic Ocean. It let two counties transmit currency prices from London to New York markets.

Yuppy

Traders call EUR/JPY - Yuppy or Euppy. Just smash EUR and JPY together, omit some letters in the middle, pronounce it fast, and you’ll get this nickname. Sounds nice! P.S. Don’t mix it up with trendy yuppies (young urban professionals). 

Ninja

It is the first-level association with Japan. But if you think about this, the currency does behave like a real ninja. The US Dollar somewhat shadows it, but when the economy of the USA weakens, the value of USD/JPY rises. 

Matie

Yes, Matie is AUD/USD. You may have heard a more common name – Aussie and Ozzie, which are pretty self-explanatory. Nobody knows Matie’s true origin, but they say it caught on due to the Australians’ fondness of calling everybody ‘mate’.

Guppy

GBP/JPY includes too many consonants in a row. So, to simplify its pronunciation, Guppy was invented. It is just a condensed name of the two currencies, which is easier to remember and to use when speaking. 

Swissy

Swissy stands for USD/CHF. Not much imagination involved here since CHF is a Swiss Franc. When it comes to this currency, one doesn’t need to be wordy. CHF is classy without further ado! 

Loonie

Loonie is the nickname given to USD/CAD. If you know how the Canadian one-dollar coin looks like, you won’t be surprised with the reference. It displays a cute common loon – a bird that is very popular in Canada. 

Kiwi

NZD/USD is known as Kiwi. That’s the fest of creativity among traders! The national symbol of New Zealand stands for the most popular currency pair, including NZD. It is a very common name used not only by traders but journalists as well. 

Barney & Betty 

USD/RUB & EUR/RUB are unexpectedly named Barney & Betty. Do you have any clue why? Traders couldn’t have chosen a more distinct association with rubble, they preferred the Flintstones couple. Well, who are we to judge?!

#source


RELATED

How To Become A Successful Trader In 2023

In today's world, trading has become an attractive career choice for many individuals looking for financial independence and flexibility. However, becoming a successful trader requires more than just basic knowledge...

How to Trade Major Currency Pairs

The major currency pairs traded by forex traders around the world are the following: EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, AUD/USD, NZD/USD...

Investing In Artificial Intelligence (AI): A Beginner’s Guide

Investing in artificial intelligence (AI) has become an increasingly popular choice for investors as the technology continues to reshape industries and drive innovation...

Top 5 Trading Books to Read in 2022

Just a guess: you’re new to trading and you think that trading is all about luck and intuition, right? Not really. In fact, being an efficient trader means more than just buying or selling assets

Ultimate guide to trading Bitcoin for beginners

Bitcoin is the world’s first cryptocurrency that paved the way for the multi-trillion dollar crypto market we can trade and invest in today. Read on to learn everything you need...

Becoming a CFD Trader: A Comprehensive Guide

What is a trader? A trader is one of the most used words in the financial vocabulary. It seems straightforward: if you trade an asset, you can be called a trader. Still, not everyone who has ever tried...

A brief history of Forex

When you think of forex today, you likely conjure up an image of a flat-screen digital device full of real-time figures, fluctuating graphs, notifications...

Best Online Forex Trading Tips for Beginners

As a forex trader you must have come across lots of information about trading forex. One of the biggest challenges is finding the right information for you...

How to Use Orderblock in Forex Trading?

An order block represents the process of collecting orders from financial institutions and banks. The forex market relies on central banks and major financial institutions...

Everything you Need to Know about Precious Metals

There has been consistent growth for all the most popular metals this year, with the demand for gold and other precious metals spiralling. Due to a significant trend...

Bullish vs. Bearish: What's the Difference?

Bull vs bear describes investment trends that have the power to impact the global financial markets. You've probably heard investors refer to a market...

How to Trade Oil CFDs: A Comprehensive Guide

The oil and gas industry encompasses different types of oil, such as crude oil, no-lead gasoline, natural gas, and heating oils. Among these, crude oil remains...

How to Trade the Fed Rate Decision - Guide for 2022

The Fed funds rate is one of the most important benchmarks for investors and traders all over the world. Its adjustment significantly affects exchange rates and the economic situation of countries...

Grasping the Concept Of Hedging in Forex Trading

Hedging is a financial trading technique that investors should be aware of and employ because of its benefits. It protects an individual’s funds from being exposed to a problematic situation...

Understanding the Nuances of Limit Orders in Trading

In the intricate and fluctuating world of trading, limit orders emerge as an essential tool for investors and traders aiming to assert control over their transaction prices...

Optimal & Suboptimal Hours in Forex Trading

In the grand tapestry of financial markets, the needle of time weaves intricate patterns. Among traders and investors, the perennial quest to discern the right moments to enter or exit the market resonates deeply...

How to Choose a Currency Pair for Forex Trading

This article is intended primarily for beginners, but it may also be interesting and useful for those who already have some experience in trading in financial markets...

How to Calculate Forex Spread

In CFD Trading, the spread is the difference between the "bid" and "ask" price of an asset. In the Forex market, the spread is measured in PIPS. When trading...

Real Forex Trading: Find Out What All the Fuss is About

The market for trading forex or foreign currencies is known as foreign exchange trading, or forex trading or FX. The largest market in the world, forex, and what happens in it, influence real, everyday life...

The Art of Money Management

Beginner traders usually consider money management to be some dull paperwork; outwitting and conquering the market for a short-term profit seems much...

FP Markets information and reviews
FP Markets
81%
IronFX information and reviews
IronFX
77%
T4Trade information and reviews
T4Trade
76%
Just2Trade information and reviews
Just2Trade
76%
FXNovus information and reviews
FXNovus
75%
Riverquode information and reviews
Riverquode
75%

© 2006-2025 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.