Over Night Trading

[jaswhite16]

Hello
just a quick question. Thanks in advance for any responses.

On an overnight trade which currency do you receive interest and which currency do you
pay interest? Are there any Fees involved?

Ingeneral what are the upsides to this approach and the down sides.
thanks again

[yunny1]

Hello
just a quick question. Thanks in advance for any responses.

On an overnight trade which currency do you receive interest and which currency do you
pay interest? Are there any Fees involved?

It depends on your broker's rollover policy, most of the times there is a small fee involved. Check with your broker.

Ingeneral what are the upsides to this approach and the down sides.
thanks again

Check these links:

Forex Rollover Explained
Understanding Forex Rollover Credits And Debits
Currency Carry Trades 101