Institution: Euro to Dollar exchange rate struggles ahead of Trump's inauguration

ChainCatcher news, Swiss bank analyst Ipek Ozkardeskaya stated in a report that as eurozone government bond yields retreat from recent highs, the euro's performance against the dollar is struggling ahead of Trump's inauguration on Monday. It is expected that Trump will announce a series of policies to stimulate economic growth, which may lead to inflation and potentially boost the dollar.

Meanwhile, the decline in bond yields, the prospect of further rate cuts by the European Central Bank, and concerns over the high debt levels in many eurozone countries may continue to put pressure on the euro. She noted that traders are expected to look to sell euros above 1.0300. (Jin Ten)