Euro Faces Challenges Amid Economic Stimulus Expectations

According to Odaily, Swissquote Bank analyst Ipek Ozkardeskaya noted in a report that the euro is experiencing difficulties against the dollar as eurozone bond yields retreat from recent highs. This comes ahead of Donald Trump's inauguration on Monday, where he is expected to announce a series of economic growth-stimulating policies. These measures could potentially lead to inflation and strengthen the dollar. Meanwhile, the decline in bond yields, the prospect of further rate cuts by the European Central Bank, and concerns over high debt levels in several eurozone countries may continue to pressure the euro. Ozkardeskaya anticipates that traders are likely to sell the euro above the 1.0300 level.