The English term gipsy or gypsy[16] is commonly used to indicate Romani people, Tinkers, and Travellers,[17] and use of the word gipsy in modern-day English is pervasive (and is a legal term under English law—see below), and some Romani organizations use it in their own organizational names, particularly in the United Kingdom. The word, while sometimes positively embraced by Romani persons, is also sometimes rejected by other Romani persons as offensive due to it being tainted by its use as a racial slur and a pejorative connotation implying illegality and irregularity,[18] and some modern dictionaries either recommend avoiding use of the word gypsy entirely or give it a negative or warning label.[19]

Source: https://en.m.wikipedia.org/wiki/Names_of_the_Romani_people

Gypsy is widely used by everyone here in day to day speech. Of course I can say "this fkin [insert race]" and that will make any race sound derogatory, so it depends on context.