EUR/USD has fallen back below 1.4000, making a fresh low for the session at 1.3968 in the process. A wave of profit-taking in EUR/GBP has helped accelerate the EUR/USD slide. Traders are using minimal finesse in the execution of orders. in fact, banks are using a minimum of human capital, having the machines price this stuff, by and large. Algos don’t blink and are not afraid to book a loss if need be.