Bears breath before the new thrust

Tuesday brought some relief to the markets of risky assets. Stock indexes regained the position, and even the euro closed in positive territory. Alas, this is not the beginning of a new trend, but only the profit on the eve of important events: the meeting of the Bank of England, European Central Bank meeting and the publication of a report on the labor market in the U.S.. In addition, the Bears, who are selling risky assets, just need a break to gather strength and continue his work. Euro / dollar fell rapidly in the European session on Tuesday, setting a minimum level of 1.3143. However, the growth of stock indices in the United States helped to defuse the situation somewhat. By the close of day the pair rebounded to 1.3320 against 1.3202 opening level. Agency Moody's late last night announced a downgrade of Italy to AA2, A2, however, the market reacted to this event more than restraint.