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Slash Card swap rates (overnight interest) explained.
Interest rate differentials charged/credited when holding positions overnight. Buying high-interest currencies earns positive swaps; the reverse incurs costs.
For swing trading and carry trades, swaps significantly impact profits. Some pairs offer monthly returns of several percent from swaps alone.
USD/JPY (long): Positive tendency | EUR/USD (short): Positive tendency | TRY/JPY (long): High positive swap
Note: Rates change daily. Check Slash Card platform for current values.
Daily swap = (Lot size × Swap rate × Point value) ÷ 10
Wednesday rollovers include 3 days of swap (covering the weekend).
Kapat negative-swap positions quickly, or compare rates across brokers.
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