Did You Know?· page 2
27 articles
Market curiosities and how it works under the hood.
Why does the US dollar dominate almost every forex trade?
The dollar sits on one side of about 89% of all currency trades — even in pairs that do not include it. Why, and what does it mean for reading strength?
Why do we call it a 'bull' or 'bear' market?
Two animals decide the mood of every market on earth. The reason comes down to how each one attacks — and to a very old con involving bearskins.
Why is CHF called the 'swissie'?
The Swiss franc's nickname is the easy part. Why the world runs to this currency when the world catches fire is the part worth knowing.
Why does the forex market never sleep?
There's no single building where forex trades — which is why the market runs 24 hours a day, five days a week, handing off around the world like a relay.
Why is GBP/USD called 'Cable'?
Traders call GBP/USD 'Cable' after the 1866 transatlantic telegraph that carried the rate between London and New York — still the market's most storied liquid pair.
Why is AUD called the 'aussie'?
The Australian dollar is the 'aussie' — plain slang, no coin story. What's interesting is that it's the market's risk barometer, tied to iron ore, China and the carry trade.
Why is CAD called the 'loonie'?
The Canadian dollar (CAD) is nicknamed the 'loonie' after a bird on its coin — and it trades almost in lockstep with oil, which is where the FOTSI comes in.
Why is the New Zealand dollar called the 'kiwi'?
No, it's not the fruit. The New Zealand dollar (NZD) is called the 'kiwi' after the national bird on its coin — and it's a carry-trade star the CTS tracks.
6 forex curiosities you probably did not know
$9.5 trillion a day, a dollar on 9 of 10 trades, and why GBP/USD is called 'Cable' — six forex facts, each with the tool it connects to.
