I remembered one instance very distinctly, where an unexpected declaration by the Federal Reserve fueled a rally in the USD against the AUD. With the predictions indicating a further appreciation of the USD, I decided to maintain my open position for a few days.
The following nights were filled with anxiety, as the swap charges levied against my open position were significantly high. I'd hung onto the hope that my calculated risk would lead to an ample reward, justifying these high swaps.
I remembered one instance very distinctly, where an unexpected declaration by the Federal Reserve fueled a rally in the USD against the AUD. With the predictions indicating a further appreciation of the USD, I decided to maintain my open position for a few days. The following nights were filled with anxiety, as the swap charges levied against my open position were significantly high. I'd hung onto the hope that my calculated risk would lead to an ample reward, justifying these high swaps.
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