Rollover

Rollover
It is described as an interest that are paid or receivedby the dealer for holding a specific position overnight. As every currency deals includes exchanging of a single currency to purchase another, interest charges have become an important part of Forex Trading.Interests are generally paid of the borrowed currency and are earned one that is purchased. For instance, let us imagine you have lengthy AUDJPY position. Thinking AUD has the rate of interest of 4.5% whereas the interest rate of JPY is .10%. Moreover, several retail dealers adjust the rates of rollover on different factors like interbank lending charges and account leverage. It would be better to check with the broker for information concerning rollover.