# The yen finds its sweet spot after 50 years of trying - The Japan Times

> Commentary says the yen has moved toward its purchasing power parity fair value after decades of severe over- and undervaluation against the dollar. The author attributes past boom-bust cycles in Japan to these swings and notes that Japanese officials often comment on currency moves because of the yen-dollar relationship's political significance.

- Date: 2018-02-28 · published 2018-02-28T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/66744-the-yen-finds-its-sweet-spot-after-50-years-of-trying-the-japan-times
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A currency closer to fair value reduces the sharp swings that can disrupt Japanese import costs and related commodity trade. The direct effect on feed prices is limited.

## Read by commodity

- USDJPY: neutral

## Sources

- japantimes.co.jp: https://www.japantimes.co.jp/opinion/2018/02/28/commentary/japan-commentary/yen-finds-sweet-spot-50-years-trying/

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