BlockBeats News, January 5th, due to the United States ousting Venezuelan President Maduro, the British pound fell against the US dollar but rose to a two-and-a-half-month high against the euro. Monex Europe analysts noted in their report that the dollar’s strength was supported by safe-haven demand driven by geopolitical tensions in Venezuela and Iran. They stated that the euro is more sensitive to trade disruptions, which has led to the pound’s strong performance against the euro, although this trend may be temporary. They believe: “Entering 2026, we see the domestic political environment in the UK still unfavorable for economic growth and the pound.” In contrast, the euro may benefit from the eurozone’s fiscal policies stimulating growth. (Jin10)
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