Recent content by Aifel

Thanks for the link Pipi436, now it´s pretty clear. I have to close the position. I would like to hedge using the futures, but Czech koruna is not so popular currency and I see the volume on USD/Czech koruna futures is 0 (http://www.cmegroup.com/trading/fx/emerging-market/czech-koruna.html)...

to nooby: Paying interest is ok however what is the base I pay the interest from? Margin or the total worth of the position? Second interest is difference between interest rates of the currencies and in case of -USD/CZK it´s only 1%.

Hi traders, I'm mainly a stock investor and not forex trader so please excuse my possible ignorance. My domestic currency is CZK and I have 22.5k USD worth portfolio. What I did was that I shorted -22.500 USD.CZK at price around 21.5USD/CZK (total circa 500k CZK) in my Interactive Brokers...