Analysis: Euro may benefit from structural challenges in the US dollar.

Danske Bank analyst Muhammad Saraf said that due to the structural challenges facing the US dollar, the euro could rise from its current level of 1.1208 to 1.20 within 12 months. The drastic changes in US and eurozone politics, ongoing trade uncertainty, and new signs of capital flowing out of US assets are posing significant downside risks for the US dollar. Essentially, the rationale for the "US exceptionalism" is fading, and the US dollar is facing increasing risk exposure.