"Dow Futures Crash Near Limit-Down As Global Dollar Buying Panic Sparks AsiaPac FX Collapse"

Oh just effin' great. Now we have a currency crisis.
From Zerohedge:

Update (2305ET): Dow futures losses have accelerated, plunging over 1000 points limit-down...

S&P and Nasdaq futures are also crashing...

 

*****

....With currencies flash crashing across Asia on Thursday, central bankers may be looking back at the remedies used then.

As Bloomberg's Mike Wilson suggests, the tear the U.S. dollar was on back in 1985 was brought to an end when five central banks gathered in New York’s Plaza Hotel and came up with what became known as The Plaza Accord.

Source: Bloomberg

That sent the dollar into a steep slide that lasted until about the end of 1987.
With the Aussie, kiwi and won just free-falling, it looks like a similar sort of coordinated intervention may be needed to stop the dollar now, especially until the world is deemed free of coronavirus impacts.

....MUCH MORE

04:18 PDT this morning: 

"Dollar Shortage Unexpectedly Surges After Fed Commercial Paper Bailout"

*****

....MUCH MORE

Long day.
And freakin' coffee's going to cost more with the futures up 5.95%