sorry I meant fiber
The most traded pairs of currencies in the world are called the Majors. They constitute the largest share of the foreign exchange market, about 85%, and therefore they exhibit high market liquidity.
The Majors are: EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF and USD/CAD
In everyday foreign exchange market trading and news reporting, the currency pairs are often referred to by nicknames rather than their symbolic nomenclature.
Nicknames
These are often reminiscent of national or geographic connotations. The GBP/USD pairing is known by traders as the cable, which has its origins from the time when a communications cable under the Atlantic Ocean synchronized the GBP/USD quote between the London and New York markets.
The following nicknames are common:
Fiber for EUR/USD (since £/$ is cable this is called fiber)
Chunnel for EUR/GBP (English Channel)
Loonie and The Funds for USD/CAD (Loonie the bird on Canadian coins / funds used to differentiate CAD deposits from USD)
Matie and Aussie for AUD/USD
Geppie for GBP/JPY (mash of GBP and JPY)
Kiwi for NZD/USD
Ninja for USD/JPY
New innovations include Barney for USD/RUB and Betty for EUR/RUB after the fictional characters the Rubbles in The Flinstones.
Nicknames vary between the trading centers in New York, London, and Tokyo.
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