This is probably a very simple question:
If I have a LONG 25000 AUDUSD position, and the roll-over, and the value of a TOM NEXT roll over is : -0.000021, then what would be the value of that?
Would it be correct to say 0.000021 X 25.000 = 0,525 AUD (Or is it 0,525 USD?)
If someone could explain how this should be calculated, I'd appreciate it. Especially, if you could explain why it is the one or the other currency, that the value should be expressed in... ?
If I have a LONG 25000 AUDUSD position, and the roll-over, and the value of a TOM NEXT roll over is : -0.000021, then what would be the value of that?
Would it be correct to say 0.000021 X 25.000 = 0,525 AUD (Or is it 0,525 USD?)
If someone could explain how this should be calculated, I'd appreciate it. Especially, if you could explain why it is the one or the other currency, that the value should be expressed in... ?