CoinWorld 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 was supported by safe-haven demand driven by geopolitical tensions in Venezuela and Iran. They stated that the euro showed greater sensitivity to trade disruptions, which led to the pound performing well against the euro, although this trend may be temporary. They believe: "Entering 2026, we see the domestic political environment in the UK remaining unfavorable for economic growth and the pound." In contrast, the euro may benefit from the eurozone's fiscal policies stimulating growth.
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CoinWorld 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 was supported by safe-haven demand driven by geopolitical tensions in Venezuela and Iran. They stated that the euro showed greater sensitivity to trade disruptions, which led to the pound performing well against the euro, although this trend may be temporary. They believe: "Entering 2026, we see the domestic political environment in the UK remaining unfavorable for economic growth and the pound." In contrast, the euro may benefit from the eurozone's fiscal policies stimulating growth.