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| Rollover |
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| Written by Al Parsai | |
| Friday, 20 February 2009 | |
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Rollover is an amount of money that you recieve or pay if you keep a spot forex position (trade) open overnight. The rollover fee which is also called the swap rate is usually calculated based on the differences between the interest rates associated with the currencies you have exchanged. For example if you buy EUR/USD and the interest rate for EUR is higher than USD then you receive the rollover fee. If, however, you sell this pair then you have to pay the rollover fee.
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| Last Updated ( Wednesday, 04 March 2009 ) |
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