ForexBeginner

Fiber

a.k.a. Fibre, EUR/USD

Trader slang for the EUR/USD pair.
In plain English

Trader slang for the EUR/USD pair.

Fiber is the trading-floor nickname for EUR/USD. A popular explanation is that it nods to the fibre-optic cables that replaced the old telegraph cable (GBP/USD's nickname) for carrying prices across the Atlantic.

Whatever the origin, if a dealer says 'fiber's bid', they mean buyers are lifting EUR/USD.

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