GMT | Event | Vol. | ||
---|---|---|---|---|
Wednesday, May 14 | ||||
09:00 | CN | M2 Money Supply (YoY) | 1 | |
09:15 | US | Fed's Waller speech | 2 | |
09:30 | UK | 10-y Bond Auction | 1 | |
09:40 | US | Fed's Goolsbee speech | 2 | |
09:40 | DE | 30-y Bond Auction | 1 | |
11:00 | US | MBA Mortgage Applications | 1 | |
12:00 | US | OPEC Monthly Market Report | 1 | |
12:30 | CA | Building Permits (MoM) | 1 | |
12:40 | EMU | ECB's Cipollone speech | 2 | |
13:10 | US | Fed's Jefferson speech | 2 |
The difference between bid and ask price is called "spread". Example: EUR/USD is trading at BID price of 1.28000, and ASK price of 1.28017, the difference (1.7 pip) is the spread.
Land-FX clients benefit from the highly competitive spreads available in the OTC Market.
Pairs | Quotes | Swap Point | Currency | |||
---|---|---|---|---|---|---|
Bid | Ask | Spread | Long | Short |
If you are long 1 lot of USD/JPY overnight and the position is rolled for 1 day, the swap (the cost of holding the position overnight) is :
If when the swap is applied to your account, the currency of your account is USD and USD/JPY is 123.456, finally -0.19(USD) will be applied to your one at end of day(21:59 GMT)