Forex Factory is flagging USD/JPY and oil trades as critical plays to watch. The yen’s decline has pushed first-half bankruptcies in Japan to their peak numbers since 2022. Traders are now nervous after the yen made a sharp move. Many fear a increased possibility 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 highlighted the 5th Banco de Espana-CEMFI-UIMP Conference on the Spanish Economy, which focused on real estate hurdles and opportunities in Spain.