Fehu (Proto-Germanic): mobile, property, cattle; Faíhu (Gothic): cattle, mobile property; Foeh (Old English): cattle, money; Fé (Old Norse): livestock, money
Phonetic value: f Esoteric interpretation of name: mobile property; power.
Idiographic interpretation: the horns of bovine livestock.
fehu is the raw archetypal energy of motion and expansion in the multiverse. It is the force that flows from the source of cosmic fire, Muspellsheimr. It is the all encompassing and omnipresent power symbolized by charging cattle and by wildfire. The cosmic fire of Muspellsheimr helped to create the world, Midgard, but it also the principle means of destroying it during Ragnarök. Surtr, the fire giant, spreads the flames of destruction over the world, destroying all but those gods and humans who are to survive or be reborn into the renewed world on the Idha plain (the shining plain). Fehu is not the undifferentiated power of the cosmic fire but rather the mystery of its eternal working eminently throughout the multiverse.
This rune rules the basic force of fertility.
Fehu holds the mystery of both creation and destruction and the harmonious functioning of these two extremes, which makes it a dynamic evolutionary force. It is the Rune of eternal becoming. Fehu is the archetypal force that gives impetus to the eternal process of arising-being/becoming-passing-away toward new arising (birth-life-death-rebirth).
Fehu is the very essence of mobile power.
This is the Rune that facilitates the projection of soul entities and magickal power from person to person, or from person to object, and astral travel.
There may be considerable frustration in your life if you draw Fehu Reversed, a wide range of dispossessions ranging from trivial to severe. You fall short in your efforts, you reach out and miss; you are compelled to stand by and watch helplessly while what you've gained dwindles away. Observe what is happening. Examine these events from an open perspective and ask, "What do I need to learn from this in my life?"
Even if there is occasion for joy, do not let yourself be seduced into mindless joyousness. Reversed, this Rune indicates that doubtful situations are abundant and come in many forms and guises. Here you are being put in touch with the shadow side of possessions. Yet all this is part of coming to be and passing away, and not that which abides. In dealing with the shadow side of Fehu you have an opportunity to recognize where your true nourishment lies.
--Copied word for word from The Book of Runes by Ralph H. Blum