DislikedI mean that I think sell offs happen much faster in proportion to the amount they move and also as a result happen over shorter time periods than rallies.
I would expect its just because fear has a stronger effect than faith in most peoples buying decisions.Ignored
In FX, you're not "investing" in anything. All you're really doing is betting on a ratio of two currencies. Fear goes both ways then. Folks who like the euro get scared and sell it off, buying usd in the process. Folks who like the usd get scared and sell off their usd and buy euros instead.
Google "bullish bias" and you'll see what I mean. Stocks can go to zero but a currency pair can't.
You are in a maze of twisty little passages, all alike.