PAUL J. RICHARDS PAUL J. RICHARDS/AFP via Getty Images A Pembroke Pines medical spa nurse is behind bars after police say he swindled his coworkers out of $16,000 using a foreign currency trading scam. Detectives began their probe into Jonathan Cuenca — the 39-year-old owner of Eternity by JC, a Hollywood-based medical aesthetics clinic —…
Created on August 27, 2026 The US dollar initially fell against the Japanese yen during the trading session here on Wednesday, as we are looking at a situation where traders are watching the Bank of Japan, and the carry trade. USD/JPY The US dollar initially fell against the Japanese yen during the trading session here…
Key Takeaways Forex trading is the exchange of one currency for another at a price that moves continuously. Global turnover averaged $9.6 trillion a day in April 2025, up 28% in three years, according to the Bank for International Settlements. Indian residents reach the currency market through contracts listed on recognized stock exchanges. Four rupee…
US initial jobless claims fell from a revised 207K to 203K in week ending Aug. 22, beating consensus of 209K. The latest reading keeps claims near historically low levels and suggests employers remain reluctant to shed workers despite broader signs of cooling in labor demand. Continuing claims also improved, falling from a revised 1.796M to…
Marex has expanded its prime services footprint with the launch of a new proprietary aggregated liquidity platform. The new solution will build out the firm’s current FX capabilities and provides clients such as hedge funds and asset managers with access to multi-dealer FX liquidity through a single global prime brokerage relationship. A key component of the platform is an aggregated pricing engine…
Two of the biggest market movers, for every instrument we trade, will be coming up tomorrow. Let’s take a look! In today’s Market Outlook, let’s take a look at Forex trading on the WTI and Brent Crude Oil, the NASDAQ, Gold, XAUUSD, Silver, XAGUSD, and AUDUSD. We were looking at AUDUSD last time, and I…
The euro and pound have pulled back from their recent highs as the US dollar regained ground following a batch of stronger-than-expected economic data. The Personal Consumption Expenditures (PCE) price index accelerated to 3.7% year-on-year, compared with expectations of 3.6%, while the quarterly core PCE reading came in at 3.6%, above the forecast of 3.4%….
Dow futures have ticked slightly higher (around +0.35% or roughly +187 points), finding some relief and positive spillover following upbeat tech earnings Written by: Olumide Adesina • Thursday, August 27, 2026 • 1 min read • Last updated: Thursday, August 27, 2026 Add an article to your Reading List Register now to be able to…
SEOUL, Aug. 26 (Yonhap) — Five local commercial banks were among the top seven institutions in foreign exchange trading over the past year, a market operator said Wednesday. The Seoul Foreign Exchange Market Committee released a list of the top seven institutions in foreign exchange transactions among 98 players in the local market over the…
TL;DR: A hotter Australian inflation print that keeps a September RBA hike live, combined with Canada’s newly specified tariff retaliation against the US, are pushing AUD/CAD toward parity — a cross that expresses both stories more cleanly than either pair does against the Dollar. Two Different Shocks Point AUD/CAD in Same Direction AUD/CAD surged in…