Forex Factory is pointing to USD/JPY and oil trades as critical plays to watch. The yen’s decline has pushed first-half bankruptcies in Japan to their top figures since 2022. Traders are now on edge after the yen made a sharp move. Many fear a higher risk of government intervention.
Meanwhile, U.S. June jobs data is expected to show stable hiring . But economists see deeper issues beneath the surface. Separately, Forex Factory noted the 5th Banco de Espana-CEMFI-UIMP Conference on the Spanish Economy, which focused on property struggles and prospects in Spain.