Forex Factory is highlighting USD/JPY and oil trades as critical plays to watch. The slipping currency 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 increased possibility of government intervention.
Meanwhile, U.S. June jobs data is expected to show steady job growth . But economists see growing concerns beneath the surface. Separately, Forex Factory pointed to the 5th Banco de Espana-CEMFI-UIMP Conference on the Spanish Economy, which focused on real estate hurdles and prospects in Spain.