Forex Factory is highlighting 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 uneasy 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 consistent employment gains. But economists see rising worries beneath the surface. Separately, Forex Factory pointed to the 5th Banco de Espana-CEMFI-UIMP Conference on the Spanish Economy, which focused on housing challenges and potential in Spain.