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I recently purchased Euros to earn interest in a European bank. It is my understanding that gains made from forex is classed as capital gains whilst interest is taxed as interest. So what happens taxwise if euros goes up x% relative to the pound and then you get x% interest resulting in a net gain of 0. I believe this would be a net gain of 0 because whilst Id have more euros due to the interest, that amount of euros would buy me the same amount of pounds that I started with. How does the tax work? Hopefully this make sense, and anyhelp that can be given on this would be greatly appreciated. Thank you
FOREX-Euro jumps to more than 3-week high vs dollar. TOKYO Reuters - The euro jumped to a more than three-week peak versus the dollar on Monday and the sterling rose to the highest this month as European Central Bank officials pushed the case for more aggressive monetary tightening.
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![Hướng dẫn chơi Binomo Forex trên điện thoại [Mới nhất 2019] - Binomo Việt Nam](https://external-preview.redd.it/RJJAzArUgnAVkFFcMkiY3pWLDjTtv4kdXMCVD-0ZNKU.jpg?width=320&crop=smart&auto=webp&s=8569fa53fc7a51b5c76ffde391779703a594d272 "Hướng dẫn chơi Binomo Forex trên điện thoại [Mới nhất 2019] - Binomo Việt Nam")
