Where can I find the most recent interest rates for each currency? I am currently trying to implement carry trading into my strategies. I am trying to find a high-interest rate differential.
Here is a website which provides the currency Interest Rates of various countries.
I have considered Carry Trading before but unfortunately, my Broker charges negative swap fees for every single currency pair, and there is no way to “profit” from the swap difference.
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With the major currency pairs there is no carry trade at the moment because each of the major Central Banks has cut rates to the lowest they are willing to go. The only interest rate differentials at the moment are USD vs some obscure currencies that would not be advisable to trade as carry trade. Anyway, if you want to search each of the major interest rates you can find on their websites. Sometimes you have to read through their rate decision press release document, other times like the RBA it is front and centre on their website.
May I know this website is updated always?
Looking at the most recent news posted on the Trading Economics website, they appear to be fresh by the minute hence you can consider that as an evidence of active-ness.