In what some have suggested is a chained liquidation stemming from the collapse of AAPL shares after-hours, multiple FX pairs are flash-crashing across the globe amid still low liquidity conditions. USDJPY just flash-crashed a stunning 4 handles (the biggest drop since 2009 according to Reuters) to its lowest in over two years, as the JPY was suddenly panic bid against the USD, as the pair tumbled from 109 to as low as 104.87. Pushing JPY to its strongest against the USD since Nov 2016...In addition to JPY, AUD also crashed...Sending AUDJPY to its lowest since 2009...And TRY plunged, as the stench of a major carry ... (full story)