# Trump does have a point on the Japanese yen being undervalued: Strategist

> Rabobank strategist Jane Foley said Trump has a point that the yen is undervalued, and expects him to press Japan on currency policy at the Abe meeting in Washington. The dollar/yen pair traded near 112.17. Foley said it is difficult to predict how currencies will move before the meeting.

- Date: 2017-02-08 · published 2017-02-08T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/72746-trump-does-have-a-point-on-the-japanese-yen-being-undervalued-strategist
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Expected US pressure on Japan could push the yen weaker or stronger depending on the outcome, adding event risk for dollar-priced feed trade. The commentary is an outlook rather than a confirmed move.

## Read by commodity

- USDJPY: neutral

## Sources

- cnbc.com: https://www.cnbc.com/2017/02/08/trump-does-have-a-point-the-japanese-yen-is-undervalued-strategist.html

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