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JPY Flash Crash Spells Volatile Year in the FX Markets

“The flash crash of the Japanese yen reinforced a somewhat forgotten rule when it comes to financial markets: anything is possible” writes Victor Golovtchenko for A number of respected analysts have been predicting a 1987-style stock market crash.The move was reminiscent to the GBP flash crash in October 2016.Coupled with continuing stock market uncertainty, the risk sentiment indicators are signaling that we are close to the end of the economic cycle.

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