This interest is often referred to as “rollover”, or “carry” interest.
If the cons of forex outweigh the pros for you, then it may be better to search for a more suitable line of work. On the other hand, forex positions held overnight can yield, or pay, interest. That depends on the difference in interest rates practiced in the countries issuing the currencies bought and sold. …
This interest is often referred to as “rollover”, or “carry” interest. Read More »