Cable

In the context of investing, it refers to the exchange rate between the U.S. dollar and the British pound sterling.


Sometimes FOREX brokers are referred to as "Cable Dealers."



A Primer on the Forex Market - Moving from equities to currencies requires you to adjust how you interpret quotes, margin, spreads and rollovers.

Floating And Fixed Exchange Rates - Baffled by exchange rates? Wonder why some currencies fluctuate while others don't? This article has the answers.
Related Terms

Currency

Exchange Rate

FOREX

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