What is a Rollover in Forex Trading?
In currency spot trading, rollover represents interest earned for holding a position overnight. Due to forex’s pairs trade format, every trade involves two different currencies and two different overnight interbank interest rates. Positions held “overnight,” meaning after 5 pm ET, is subject to rollover interest, either charged or applied to the trader’s account. To understand […]
What is a Rollover in Forex Trading? Read More »