Buying currencies with high overnight rates and using reasonable amounts of leverage is what the carry trade is all about.The amount of interest earned on open positions is something each trader should be aware of when entering long term Forex trades. If you have traded currencies, you have likely experienced a time where the changes in your account balance did not match up with your trades’ P/L. In most of these situations, your account accrued these extraneous gains and losses from rollover interest. Each evening at 5pm Eastern, there is an overnight interest rate applied to your account for holding specific ... (full story)