Even my Wife has been watching…she shouted up this Am that it had flash crashed…she is an ex-broker, so knows what all that means etc.
A major mkt shud not do that..but low liquidity etc combined with Screen mkts means it will happen.
As to the mkt technically we always had to do this C wave and an equal move tgts parity !!!!!! ie: 1to 1….just never thought it wud happen in 5 mins, more like 5 months…luckily I have mainly dollar based investments, because I saw it comming. As to the reason…pure bunkum, no matter how we leave the bloody EU, it is good news…at some point soon the Pound/dollar is a screaming buy…..
Ps looks like Skiing is out of the window this year tho !!!!!!!