The benefits of expanding your vocabulary should not be underestimated. Forex analysts and industry experts constantly use jargon when presenting educational materials such as eBooks and video tutorials. An example is the nickname given to major currency pairs. The AUD/USD currency pair is nicknamed the ‘Aussie’ while the USD/CAD pair is commonly referred to as the ‘Loonie’. When in need of an explanation, look no further than the  Markets trading glossary.