Cable definition

Trader jargon for the British pound sterling referring to the sterling/US dollar exchange rate (term began due to the fact that the rate was originally transmitted via a transatlantic cable starting in the mid-1800s).


Related words

Central Bank・ Conversion・ Cross Rates・ Cable・ Candlestick Chart・ Capital Markets・ Chartist・ Closed Position・ Consumer Sentiment Index・ Closed-end funds・ Call・ Call Option・ Calmar ratio・ Candlestick Charts・ Candle・ Capping・ Commission・ Commercial paper・ Closing range・ Chaos Theory・ Chaikin oscillator