Currency markets have hidden

Currency markets have hidden and almost do not react to external stimuli. Wednesday was spent in bands and now prefer not to leave favored by corridors. On the plus side yesterday: good data on the index of business activity in the U.S. services sector came out better than expected (53.0 vs. 52.8), while European politicians again showing signs of life, giving investors hope that the problems of debt and banking crisis still to be resolved . Among the downsides: the national debt downgrade by Moody's in Italy and the worsening business climate in the services sector in Europe (PMI index came out worse than expected, at 48.8, pointing to a downturn in the industry). However, everything as always, the only difference is that investors are tired of selling risky assets and buy dollars. But the purchase were not yet ready, because the atmosphere in the market for them has not. On Wednesday, the euro closed at 33 points above the opening level (1.5946 vs. 1.5979) after the consolidation in the relatively narrow range. 1.5915/20 area served as a support, and Fibonacci retracement level at 1.3370 76.4% limited upward trend.