Fiber
Forex slang for the EUR/USD currency pair, the most traded pair in the world.
Quick answer
Fiber is the modern nickname for EUR/USD, the world's most traded currency pair. It references the fibre-optic cables that transmit prices today, contrasting with the older 'Cable' for GBP/USD.
Definition
Fiber is a modern nickname for EUR/USD, the world's most traded currency pair. The name references fiber optic cables used for modern price transmission, contrasting with the older "Cable" (GBP/USD) nickname from telegraph days.
How It Works
- "Buying Fiber" = going long EUR/USD
- "Selling Fiber" = going short EUR/USD
- Most liquid currency pair - tightest spreads
- Accounts for ~24% of daily forex volume
Trading Tips
1
Most active during London-New York overlap
2
Sensitive to ECB and Fed policy decisions
3
Lower volatility than Cable typically
Related Terms
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