Q. How do you work out CFD Interest Swaps with an example?
Answer: CFDs is an instrument where you pay a small amount of money to be exposed to the full value of the share.
With CFDs, there are daily charges when you buy and daily income interest that you receive when you sell (go short).
The charge is known as a ‘daily swap’ or ‘daily interest charge’.
You...
..and when I say we, I mean us retail traders without financial / economy background.
"More hawkish than expected is good for currency"
This is what stated in one of the popular website's economic calendar. How do you define more hawkish when it comes to this specific risk event? Is it just simply the headline number "ECB cut rates to 0.25%"? Is it all about the...