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