S & P has fallen off the euro in early trading in Asia

The decision by S & P credit rating downgrade of Italy from A + to A, while maintaining the negative outlook was a bolt from the sky during the grow from fairly quiet Asian session. A couple of minutes, absorbing the remnants of bids in the $ 1.3675/70, dived to fresh lows just above the thirty-sixth figure and now tries to use them to stabilize. Dealers noted that the news turned out to be consonant with the general negative attitude with regard to the single European currency, but they note that the reduced liquidity and execution stops led to the reaction to them may have turned out to be too strong. However, pressure on the pair is preserved, and they warn of the next series of stops below the figure, while the larger stop-oredrov expect after $ 1.3585/80.