Paul Tudor Jones eyes Japanese yen investment against the US dollar

8 articles · Updated · Business Insider · Apr 30

On a podcast published on 28 April, he said Prime Minister Sanae Takaichi's election could trigger a rebound after the yen fell more than 50% since 2012 and 10.7% in the past year.
Jones said Japan's roughly $4.5 trillion net foreign asset position, with 60% in the US, leaves it exposed to the dollar and could amplify gains if policy shifts support the currency.
He framed the trade as a rare, undervalued opportunity, citing past successful bets on bitcoin in 2020 and short-term rates in 2022; investors can access yen exposure through Invesco's FXY fund.

Is Paul Tudor Jones right that a new leader can reverse the yen's decline, despite its collapsing safe-haven status?

Can Japan's economy handle massive government spending and higher interest rates at the same time?