1) If I keep a long 100'000 GBPUSD position overnight, how can I calculate my interest credit or debit in dollars? based on (03-Apr-2006 04-Apr-2006) rates Swap Points of GBPUSD : Long Positions = 0.000045 Short Positions = -0.000018 2) If I keep a long 100'000 EURJPY position overnight,how can I calculate my interest credit or debit in dollars? based on (03-Apr-2006 04-Apr-2006) rates Swap Points of EURJPY : Long Positions = -0.0076 Short Positions = -0.0129 http://www.saxobank.com/?id=1572&Lan=FR&Au=2 Please please please help me
I would be calculating it as following ( for GBP/USD long): For 100000 * 0.000045 = 4.5 of base currency which is british pound. With the current rate of 1 GBP = 1.73 USD: 4.5 * 1.73 = 7.78 USD.
1) If I keep a long 100'000 GBPUSD position overnight, how can I calculate my interest credit or debit in dollars? based on (03-Apr-2006 04-Apr-2006) rates Swap Points of GBPUSD : Long Positions = 0.000045 Short Positions = -0.000018 2) If I keep a long 100'000 EURJPY position overnight,how can I calculate my interest credit or debit in dollars? based on (03-Apr-2006 04-Apr-2006) rates Swap Points of EURJPY : Long Positions = -0.0076 Short Positions = -0.0129 http://www.saxobank.com/?id=1572&Lan=FR&Au=2 Please please please help me