# Trump-Abe rapport won't stop yen from passing 100, JPMorgan says

> JPMorgan said the Trump-Abe summit did not resolve underlying exchange-rate tensions and that the yen could pass 100 per dollar this year. Its analyst expects US protectionism to pressure the dollar against funding currencies. The yen had weakened initially after the meeting.

- Date: 2017-02-13 · published 2017-02-13T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/72740-trump-abe-rapport-won-t-stop-yen-from-passing-100-jpmorgan-says
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

JPMorgan's view points to a weaker dollar against the yen, which would tend to support dollar-priced commodity exports. The forecast is a research view, not a market-moving event.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- japantimes.co.jp: https://www.japantimes.co.jp/news/2017/02/13/business/economy-business/trump-abe-rapport-wont-stop-yen-passing-100-jpmorgan-says/

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