# Japan's Mr Yen says dollar could fall below 100 yen by end-2017

> Eisuke Sakakibara, Japan's former currency official, said the dollar could fall below 100 yen by the end of 2017 on Trump's apparent support for a weaker dollar. He cautioned that Tokyo's yen-selling intervention could backfire. The dollar had recently hit a two-month low of 112.08 yen.

- Date: 2017-02-06 · published 2017-02-06T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/72738-japan-s-mr-yen-says-dollar-could-fall-below-100-yen-by-end-2017
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

This is a forecast from a single commentator rather than a policy action, so its direct effect on feed prices is limited. It does signal that currency risk could weigh on the dollar and on dollar-denominated commodity prices.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trump-japan-yen-idUSKBN15L0KG/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
