Investors Go Nuts For The Yen, Which Surges Near Flash Crash Highs

Here’s more evidence of the rationality of “flash crash” prices.

Remember this wild chart?

FinViz:

chart

It’s the Yen on the day of May 6, when markets melted down, and algorithms snapped up the yen as part of an insta-flight to safety.

Well, here we are this morning. Not the return to old highs.

chart

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