[MiKTeX] Again on Character ^

[Francesco D. C. <del...@ti...>]

I have discoverd that a document like:

----begin tex-----
\documentclass[12pt]{article}
\usepackage{amsmath, amssymb, euscript}
\usepackage[dvips]{graphics}
\usepackage[italian]{babel}
\usepackage[OT1]{fontenc}
\usepackage[latin1]{inputenc}
\usepackage{fancyhdr}

\begin{document}
\^{}
\end{document}
----end tex-----

dosn't work.
But, if I comment out the babel package, it works correctly. The same 
thing happens with the new command \textasciicircum.

Anyone knows why does it happen?

Thank you all!

Francesco Del Citto