What is swap?
The swap is said to exchange two currencies or economic assets that are determined at a certain time. Dollar against Euro or Yen against Japanese Yen swaps due to the reasons arising from interest rate differences between reciprocal countries. These swap ratios also affect the forex market on a daily basis, either negative or positive. In terms of swap, each broker has its own campaigns. While some forex companies do not apply a certain volume swap, some are swapping.