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Old 09-08-2019, 08:07
Andyatx Andyatx is offline
Level IV Lasers Member
Join Date: Jan 2019
Posts: 278
Default Re: Atirox - international brokerage company

Traders refer to currency pair GBP/USD as “cable”. Why is that?

Back in the 1800s, exchange rate between the USD and GBP was transmitted across the Atlantic by a giant steel cable that ran across the ocean floor between the two countries.

We are lucky today that advanced technologies allow us to trade faster and easier.
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