Are foreign exchange loss and capital loss are counted together to claim

[luol2016]

I understand foreign exchange loss is reported in other income with negative number, not in capital loss.

For the allowed 3000 claim per year, is it only applicable to capital loss, or capital loss + foreign exchange loss? 

[MinhT1]

Retail Forex traders fall under Section 988, which covers short-term foreign exchange contracts like spot Forex trades. Section 988 taxes Forex gains and losses like ordinary income.

So foreign exchange losses can be entirely offset by other ordinary income.

The limit of $3,000 a year applies only to capital loss deduction.