Gold rises as speculation of Yen intervention weighs on the US Dollar

Gold (XAU/USD) price rises over 1% on Wednesday as the Greenback softens amid speculation of an intervention to bolster the Japanese Yen (JPY), while US Treasury yields hold firm after weak US jobs data. At the time of writing, the XAU/USD pair trades at $4,373.

Scam

Scam Account frozen because a withdrawal that was never made was treated as if it occurred. Profit of 4.91 million yen confiscated, and explanations keep changing. Truly a scam...

On July 31, 2026, I deposited 100,056 yen in cryptocurrency and traded mainly XAUUSD on bitcastleFX. The gold buying position succeeded because the Fed's September rate hike expectations suddenly receded, and as of August 14, the account balance had reached 4,910,849 yen (with evidence). However, on August 25, I suddenly became unable to log in to MT5 and the management screen. bitcastleFX contacted me saying, "As a result of scrutiny based on guidelines, we have refused your withdrawal.\" But I had not made any withdrawal request at all... What? Withdrawal? When I pointed this out, bitcastleFX completely changed their tune and calmly corrected their explanation, saying, \"There was an error in part of our notification. This measure is based on your trading activity, not the withdrawal request.\" Trading activity? It's a convenient excuse with no specifics, a contrived reason. In other words, they fabricated a non-existent withdrawal request and claimed they had \"refused the withdrawal,\" but then they themselves admitted that the notification was false. Next, the amount they said could be withdrawn was only 100,056 yen, the same as the deposit amount. All profits were confiscated. And they persistently demanded submission of a Japanese domestic bank account information for the refund. Since the deposit was made in cryptocurrency, this response is also unnatural. It's the typical tactic of scam sites that demand one thing after another for a refund. By the way, as of now, no refund has been made for the deposit amount (100,056 yen) either. The Kanto Local Finance Bureau has issued a warning to bitcastle LLC as an \"entity conducting financial instruments business without registration." In the first place, the account was frozen based on a withdrawal that was never requested. On top of having 4.91 million yen in profits unilaterally confiscated, the reasons kept changing afterwards. Not even a single yen of the deposit has been returned. This is clearly a scam. To reduce the number of victims, you should absolutely avoid using bitcastleFX. The IB's Japan market representative seems to be in Japan, and we are providing information to investigative authorities such as the police and the Financial Services Agency. We are also reporting the situation to other relevant parties, including the domain hosting company and related financial institutions.

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2026-09-03 02:34

Feds Beige Book shows modest growth as prices rise

The Federal Reserve released its Beige Book, in which the US central bank revealed that economic activity increased modestly since early July, while overall employment rose slightly. Regarding inflation, prices rose in eight districts.

Indonesian Rupiah: Higher oil prices add to IDR pressure - MUFG

MUFGs Lloyd Chan remains cautious on the Indonesian Rupiah as domestic inflation accelerates and Gross Domestic Product (GDP) growth stays above 5%. The trade balance has improved slightly but remains weaker than 2025 averages due to higher Oil and gas imports.

BoC recap: Risks are shifting as oil prices and US trade actions complicate outlook

The Bank of Canada (BoC) left its overnight interest rate unchanged at 2.25%, as widely anticipated, but delivered a more cautious message as inflation risks increased and the recovery became harder to assess.

FCA Warns Swift TradeX on 1 September 2026: 7 Checks Before Paying

FCA warns Swift TradeX in a notice first published and updated on 1 September 2026. The UK Financial Conduct Authority says the firm may be providing or promoting financial services without permission, is not authorised, and may be targeting people in the UK. The notice names the website swifttradexai.com, a Worcester address and a UK telephone number, but also cautions that unauthorised businesses may use incorrect or borrowed contact details. The confirmed issue is authorisation status—not a court finding about every transaction. Anyone considering a payment should stop, verify the firm independently, and avoid using contact information supplied by the platform itself.

ThinkMarkets Review for India 2026: RBI Alert, Regulation, Login, and Forex Risk

ThinkMarkets review for India: check the RBI Alert List, overseas entities, regulation, login security, forex rules, costs, withdrawals, and leverage risk.

mirrox Review 2026: Withdrawal Blocks & Trade Manipulation Allegations - Should Traders be Concerned

Did mirrox, a brokerage firm, ask you to keep your margin level above 250%-300% and make you add funds immediately if it dropped below it? Did the broker prevent you from opening a trade despite having a healthy equity balance? Did it close your trading account upon a withdrawal request? Many traders have raised these concerns online while sharing their respective mirrox reviews. This article aims to examine these user allegations while answering the popular question: Is mirrox legit or a scam?

02.09.26 Daily Forecast

Pairs on Watch - FX:GBPUSD : I am looking for shorts on this pair in line with the DXY breaking to the upside and the higher timeframe continuing to take over. A 1H clear structure forming underneath the low to the left is ideal, possibly maybe retest the previous low for better stop protection and we can get short with the sentiment of the DXY remaining bullish. FX:AUDUSD : I am using this as a hedge pair against the GU short I am looking for. Price is positioned at a low where it could …

FCA Receives 333 Whistleblowing Reports in Q2, 170 Cases Lead to Action

The FCA received 333 whistleblowing reports containing 886 allegations in Q2 2026, while 170 closed cases resulted in regulatory action to manage or reduce potential harm.

Brent: Geopolitical risk keeps cracks elevated – ING

ING analysts Warren Patterson and Ewa Manthey note Brent has pushed back above $95/bbl as escalating Persian Gulf tensions revive supply risk and a geopolitical premium.