Authorities in Stuart, Fla., claimed a man who allegedly exchanged a fake $100 bill for five $20s first borrowed a pair of scissors to alter the phony cash.Martin County, Fla., sheriff’s records accuse car wash employee Malbin Caraballo of borrowing scissors from the cashier and using them to alter a counterfeit $100 bill before trading it to the cashier for real currency, the Palm Beach (Fla.) …

(RTTNews) – Versus the sterling on Tuesday in the mid afternoon, the Japanese currency saw little movement. The yen held in a range as trading progressed between a low of 242.88 and a high of 240.82. Overall, the Japanese currency is moving to a weekly low against the British pound.

(RTTNews) – The New Zealand currency was choppy in trading against its world counterparts on Tuesday afternoon in New York. The kiwi saw little movement as little economic news was released from the area.

(RTTNews) – The Australian currency was mostly choppy against its world counterparts in trading on Tuesday, while it saw some weakness versus the pound. The Australian currency moved with little economic news from the area.

A second U.S. Senate committee is nearing a vote on a bill aimed at giving the U.S. Treasury Department new tools to pressure China to raise the value of its currency, congressional aides said on Tuesday.

(RTTNews) – The euro has fallen below support against the sterling in late morning trading Tuesday in New York. The European currency gave back early gains with a drop at around 3 a.m. ET. It edged higher until about 10 a.m. when it fell again.

(RTTNews) – The Swiss currency was mostly weak in trading against its world counterparts on Tuesday morning in New York, while seeing some strength against the yen. The franc moved as the area released its UBS Consumption Indicator for June.

(RTTNews) – The Canadian currency was strong against its world counterparts in trading on Tuesday morning in New York. The loonie advanced with little economic news from the area.

AP – Prime Minister Nouri al-Maliki faces a revolt within his party by factions that want him out as Iraqi leader, according to officials in his office and the political party he leads.

LONDON -(Dow Jones)- Currency hedge funds generated absolute returns of 1.41% in June, according to the latest data from the Parker FX Index, released late Monday.