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 highest level since 2022. Traders are now on edge after the yen jumped suddenly . Many fear a increased possibility of government intervention.
Meanwhile, U.S. June jobs data is expected to show stable hiring . 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 prospects in Spain.