A foreign exchange swap rate is defined as the foreign exchange position’s overnight interest (earned or interest payments). Each currency rate is determined according to the day of the overnight interest rate, as well as the direction of trade.
Swaps rates offered by financial institutions calculated on both a risk management analysis and market conditions. Each institution has its own currency exchange rate swaps, which measures the standard size as 1.0 Lot (trading volume 100,000 units).
To view the latest interest rate swaps, please visit the ETO Markets MT4 trading platform.
To view the overnight rate, select: View> Market Watch. Right-click on the Market Watch, and select Currency Pair. Then select the currency you want to view, and then select the currency pair “Specification”.