Yen Isn't Behaving Like a G10 Currency, Mizuho Says
Jordan Rochester, Mizuho FICC strategy EMEA head, discusses sharp moves in the yen. "From all the frameworks, dollar-yen should be lower," he tells Bloomberg Television. He adds there has been a change in behaviors in the Japanese space and the yen is not behaving like a G10 currency. "It trades like an EM in terms of its correlation to rates," Rochester says.
_1432977_640x360_2505521731769-640x360.webp&w=3840&q=75)
_1432974_640x360_2505518659891-640x360.webp&w=3840&q=75)
_1432968_640x360_2505516611985-640x360.webp&w=3840&q=75)


-4-640x360.webp&w=3840&q=75)





_1432926_640x360_2505515587647-640x360.webp&w=3840&q=75)