It’s fair to say the pound has had quite a day. The currency regained some of its losses in afternoon trading, but spent most of this morning in free fall, after an overnight flash crash.
Widely thought to be a case of either a "fat finger" or an algorithm picking up on negative Brexit stories overnight, at one point the pound fell six per cent against the dollar.
The Bank of England has said it's investigating – but at least Britons tried to see the funny side.
Here’s how Twitter reacted…
Some were reminded of the scuffle between Ukip MEPs Mike Hookem and Stephen Woolfe
As economists warn the pound remains “volatile”, UK MEPs offer to take it outside and sort it out.
— Have I Got News For You (@haveigotnews) October 7, 2016
There were some more avant-garde explanations of the crash
Turn the sound on for this audio graph of the pound's decline since the Brexit vote pic.twitter.com/xzBWbmO72J
— PA Media (@PA) October 7, 2016
This Theresa May parody account had great fun with the news
Really, really good fun
Others drew comparisons with the recent dive in Twitter’s share price
Some pointed out the new £5 note’s ability to shrink was pretty allegorical
Reminder: Please do NOT put the new fivers, or indeed any sterling notes, in the tumble drier/wholesale FX market pic.twitter.com/EEbXaVYdFk
— Katie Meta (@katie_martin_fx) October 7, 2016
Some looked on the bright side
One user pointed out sterling’s progress looked familiar
Government confirms graphs showing value of pound to be used in fracking. pic.twitter.com/yw19Y53kOV
— David Schneider (@davidschneider) October 7, 2016
The whole thing was making some people feel a little nostalgic
— David Sheppard (@OilSheppard) October 7, 2016
Others were more cynical
New UK immigration strategy seems to be going well. Making the pound so cheap no one wants to work here anymore to send currency back home.
— Richard Partington (@RJPartington) October 7, 2016
In fact, quite a few were
Pound within whisker of beating Argentinian peso to be worst performing global currency of 2016. Don't you just love "taking back control"?
— Marcus Chown (@marcuschown) October 7, 2016
Some pointed out the pun-tential
— Avinash Burra | burra.btc (@AvinashBurra) October 7, 2016
Theresa May got another mention
CURRENCY: Theresa May demands the British Pound "accept the Brexit referendum vote, stop moaning and get over it."
— The DM Reporter (@DMReporter) October 7, 2016
It was bad news for those going abroad – but some Twitter users were kind enough to suggest alternatives
Looking at Sterling overnight… I can recommend many fine holiday venues in Northumberland for those changing their plans.
— Duncan Weldon (@DuncanWeldon) October 7, 2016
Some blamed a recent Tony Blair interview for sterling's downward spiral
FOUND: Reason for GBP crash https://t.co/qGTnmS7g3Z
— Newsquawk (@Newsquawk) October 7, 2016
Strategists kept their sense of humour, though
Citi FX strategist on the move in the sterling pic.twitter.com/ndAH784iIc
— Sid Verma (@_SidVerma) October 7, 2016
Others were more hyperbolic
After this morning, traders and investors are going to shy away from #GBP like you would a rabid dog who just ate a box of fermented apples.
— Charles H Thyme (@CharlesHThyme) October 7, 2016
Sometimes, though, all you need is a cat video
GBP price action…. pic.twitter.com/08nWn16NIV
— LiveSquawk (@LiveSquawk) October 7, 2016