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Attachments: Why Is EUR/USD Called "Fiber"?
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Why Is EUR/USD Called "Fiber"?

  • Post #1
  • Quote
  • First Post: Oct 22, 2008 11:32am Oct 22, 2008 11:32am
Anyone know?

Similar reason GBP/USD is called the Cable. All about how data was/is transmitted.
Quoting FXSurfer
Anyone know?

no idea where this came from .. it's very much a retail term. Noone in the banks uses this term or has even heard of it
Thanks for the replies!
I was just curious.

It would seem like this kind of
term would have been used for
over-the-phone jargon.
Maybe not so much anymore?
Doesnt the Euro coin contain a picture of wheat (fiber) on it? I thought the name was similar to CAD with the Loonie on the coins.
Nope it does not.
Quoting sccz97
no idea where this came from .. it's very much a retail term. Noone in the banks uses this term or has even heard of it
Not sure it's even a wholesale retail term. I remember someone inventing the term here. ( Maybe not the first and only )

We know how cable got it's nick. The poster's idea was that Euro being a new currency, that is should have a similar nick related to the later fibre-optic technology.

Not too keen on the name myself. ....I just call it Euro. lol
Bundy's status today: "Waiting..."
  • Post #8
  • Quote
  • Edited 10:31pm Oct 25, 2008 10:10pm | Edited 10:31pm
Wow:
It's always encouraging to see the Skill level of my opponents posted on a forum.
Cable Is gbpusd 'Cause they physically ran a CABLE across the Atlantic to stay in tune.

If you can't figure out Fiber, RUN AWAY..before i steal your knickers.
Origination of the nickname fiber or fibre is as follows:
Fiber: EURO
The "paper" used for Euro banknotes is in fact 100% pure cotton "fibre",
which improves their durability as well as imparting a distinctive feel.
Sources of fiber are usually divided according to whether they are water-soluble or not. Insoluble fiber possesses passive water-attracting properties that help to increase bulk, soften stool and shorten transit time through the intestinal tract. Soluble fiber undergoes metabolic processing via fermentation, yielding end-products with broad, significant health effects.

Some sources of soluble fiber are peas, beans, oats, apples and carrots. Sources of insoluble fiber include whole wheat, corn bran, and Euros.

So eat a bowl of Euros for breakfast every day. They'll keep you regular.
Quoting opie999
Sources of fiber are usually divided according to whether they are water-soluble or not. Insoluble fiber possesses passive water-attracting properties that help to increase bulk, soften stool and shorten transit time through the intestinal tract. Soluble fiber undergoes metabolic processing via fermentation, yielding end-products with broad, significant health effects.

Some sources of soluble fiber are peas, beans, oats, apples and carrots....
That was great!!!

Very informative. I'll be looking for a box of EURs next time I'm at the store. I wonder if they have a prize inside?
Who was it that told a lady on these forums that CAD/JPY is called "beaver"?
Gone to a better place
Just had this thought myself... nice.
Quoting smikester
Who was it that told a lady on these forums that CAD/JPY is called "beaver"?
the beaver is for USD/CAD

i prefer “NINJA” (USD/JPY pair)
Okay, let's have fun...
Quoting St.Sarah
the beaver is for USD/CAD
incorrect. It is loonie because they have a picture of a Loon (bird) on their currency.

http://en.wikipedia.org/wiki/Canadian_1_dollar_coin
you are all wrong.

it's because the trading loonies use a cable to hang themselves and once expired they leave a mess like someone who ate too much fiber.

simplest answer is usually the right one, right?
Congratulations ScalaFX for coming out of the closet!
Quoting traderjai_inhi
incorrect. It is loonie because they have a picture of a Loon (bird) on their currency.

http://en.wikipedia.org/wiki/Canadian_1_dollar_coin
nope, we're both right , it's beaver and loonie http://63.111.67.55/PPF/Parameters/1...andlestick.asp
Okay, let's have fun...
Quoting St.Sarah
nope, we're both right , it's beaver and loonie
LMFAO if you want to sound stupid, keep calling it beaver.
  • Post #19
  • Quote
  • Edited 8:28am Sep 23, 2011 8:16am | Edited 8:28am
The only currency slang I've heard is

Euro, Cable, Aussie, Swissy / Chef, Dragon, Looney and Kiwi.

When talking about the EUR/USD I have to call it the Euro Dollar, I always think just calling it the Euro creates confusion. It's a shame it doesn't have a decent slang term, it should do considering its popularity. Fiber sounds crap, guess that's why no one uses it.

As for calling a currency pair a beaver? Someone has got to be having you on. That's like calling Gold / Silver a Snatch ;-)

I used to think the Cable was called a Guppy, I also thought I was supercool using slang whilst on the phone to my broker, until one day he pointed out what I pleb I'd been for calling the cable a guppy.
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  • Post #20
  • Quote
  • Edited 5:38am Sep 24, 2011 3:42am | Edited 5:38am
Quoting leerees
...
pointed out what I pleb I'd been for calling the cable a guppy.
...
"Guppy Cable"; whyever not?

You can tell your broker you are halving his commissions as of right now, and to get off the phone and back to work.

[GUP/PPY, Monthly]
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