Amari on Bloomberg

Japan's economy minister Amari has just said that Kuroda's comments might be distorted from what he meant

USDJPY has popped 50 pips to 123.30

Next stop 124.00 as the Japanese once again show that they can't tell their arse from their elbow?

Amari adds;

  • FX markets seems to have misinterpreted Kuroda's comments on yen

Here's the gem;

  • Amari says he won't comment on Kuroda's remarks on the yen

It gets funnier;

  • Kuroda didn't intend to move the market with his remarks

It's circus time from Japan