Forex Factory is pointing to USD/JPY and oil trades as key positions to watch. The weaker yen has pushed first-half bankruptcies in Japan to their peak numbers since 2022. Traders are now nervous after the yen surged without warning . Many fear a higher risk 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 noted the 5th Banco de Espana-CEMFI-UIMP Conference on the Spanish Economy, which focused on property struggles and prospects in Spain.