Nomura's Rochester Awaits 'Soft Verbal' Yen Intervention

The video discusses the roles of finance ministers in Forex, the manipulation of the Yen within Abenomics, and the impact of monetary policies on markets. It explores the JGB curve control, market volatility, and the influence of political events like the French elections on Euro Yen trends.

What is the term used to describe the comments made by finance ministers when the Yen reaches a certain value against the dollar?

• Hard intervention

• Soft verbal intervention

• Monetary easing

• Direct policy intervention

What was the market's reaction to the Bank of Japan's targeting of the 10-year yield?

• Immediate compliance

• Indifference

• Complete acceptance

• Skepticism and disbelief

How did the volatility in the JGB market compare to the Bund curve?

• It was significantly higher

• It was similar

• It was non-existent

• It was lower

What is the potential impact of political events like the French elections on the Euro?

• No impact

• 20% increase

• 20% decrease

• 50% decrease

What is the main concern regarding the Euro-Yen market in the context of political changes?

• Increased stability

• Decreased volatility

• Immediate growth

• Significant tail risk