Fx Primus Rebates

EUR/USD sinks to 1.1630

EUR/USD hits stops The euro is at the lows of the day, down 60 pips to 1.1630. There aren’t any new headlines behind the drop. The first leg of the fall came on the Trump-China headlines but this is a fresh leg and it’s euro-centric with EUR/CHF also falling to a one-week low.

Fx Primus Rebates

The greater the story, the greater the bubble

The greater fool theory explains almost every bubble Some things have an intrinsic value. The most-obvious example is a stock with a dividend. The absolute floor for an equity is its dividend and so long as their is a profitable business behind it, the value is a multiple of that dividend.