| EU Summit – Special Reports, Analysis and More If you've been pinned to  the news in the past few days, waiting to hear what will happen at the  EU summit, you're not alone.  The DailyForex team has also been waiting  anxiously to see how European leaders will fight to save their currency,  and struggle to make it work.  But while we've been waiting for news,  we've also been analyzing potential outcomes, and laughing a bit amongst  ourselves.  Below you will find fundamental analysis and technical  analysis that are critical for anyone trading during these volatile  times, as well as a new Forex cartoon, which we hope will bring some  levity to the current situation.  
 Have a great weekend!
  Eurozone Crisis Special Report
 The  Summit meeting of EU leaders which is underway in Brussels today has  been billed as "make or break" for the Euro in many quarters of the  press. It is clearly a critical meeting and if common ground can be  found and a credible plan agreed, it could go a long way to moving us  out of the dark forest of financial uncertainty that we find ourselves  in. Read more  ECB Summit: ECB 2 for 2 on Rate Cuts
 As  markets and analysts had been expecting, earlier today the European  Central Bank announced another 25 basis point reduction to its benchmark  interest rates, bringing the new rate to a record low 1%. Mario Draghi,  the newly installed head of the ECB who assumed the role less than two  months ago, appears to have set a fairly aggressive goal to reverse the  previous administration's tight monetary policy. Read more  Eurozone Crisis: Laughing with Merkel and Sarkozy 
  EUR/USD Expected Movement 
 
 The news is volatile, but with this EUR/USD expected movement forecast, you can plan your next Forex trade. Read more |