Currencies in the Forex market

The Forex market is also a virtual trading platform for other liquid trading instruments, such as: shares of the world’s largest companies, index shares (CFDs), futures in the commodity markets, precious metals – gold, silver, platinum and palladium, and oil. Despite the differences of these assets, the principle of trading here is the same.

Traders, like people of other professions, have their own professional slang. Сable is slang for British pounds sterling (GBP); loonie is slang for Canadian dollars (CAD); ossi, kangaroo is slang for Australian dollars (AUD) ; kiwi is slang for New Zealand dollars (NZD). Most transactions are made with the most popular currencies, such as US dollars, British pounds sterling, euro and yen.


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