Today Currency Rate
An example of this is the EUR/USD. Therefore, the amount of interest received by the trader, for holding the EUR/USD pair overnight, will be determined by the difference in interest rates prevailing in each location when the rollover occurs. In most cases, retail forex brokers automatically roll over trades..Rollover is the interest paid or earned for holding a currency spot position overnight. Each currency has an overnight interbank interest rate associated with it, and because forex is traded in pairs, every trade involves not only 2 different currencies but also two different interest rates..
In foreign exchange trading FX , a rollover is the action taking place at end of day, where all open positions with value date equals SPOT, will be rolled over to .In most cases, retail forex brokers automatically roll over trades. Retail brokers do this to prevent traders, most of whom are speculators, from having to deliver .Read our FAQs to learn more about our transparent rollover policy, the interest paid or earned for holding a position overnight..What is rollover and how rollover rate is determined? Get your answer from our extensive library of Frequently Asked Questions FAQs .
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