S5/10Economic

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. (Source: Bloomberg)

03 Jul 2026, 07:24 UTCSource: Bloomberg MarketsOriginal source

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⚠️ This is a probabilistic forecast, not a guarantee. Accuracy is measured only on resolved scenarios; monitor confirmation indicators below.
A
Эскалация22% model probability

Forecast derived from cascade analysis. Watch confirmation indicators below.

Horizon: 7–30 days