{"id":21976,"date":"2026-01-05T10:06:39","date_gmt":"2026-01-05T08:06:39","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/dollar-gains-as-traders-look-past-venezuela-to-flurry-of-us-data\/"},"modified":"2026-02-27T16:32:57","modified_gmt":"2026-02-27T14:32:57","slug":"dollar-gains-as-traders-look-past-venezuela-to-flurry-of-us-data","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/dollar-gains-as-traders-look-past-venezuela-to-flurry-of-us-data\/","title":{"rendered":"Dollar gains as traders look past Venezuela to flurry of US data"},"content":{"rendered":"<div>The Dollar started the first full trading week of 2026 by climbing to multi-week highs against a range of currencies after a weak December, with the main focus on this week&#8217;s raft of key economic data.<\/div>\n<div><\/div>\n<div>Traders were also keeping a watchful eye on events in Venezuela, after the United States (US) raid and capture of President Nicolas Maduro.<\/div>\n<div><\/div>\n<div>President Donald Trump told reporters on Sunday he could order another strike if with US efforts to open up its oil industry and stop drug trafficking.<\/div>\n<div><\/div>\n<div>He also threatened military action in Colombia and Mexico.<\/div>\n<div><\/div>\n<div>With a fraught geopolitical backdrop, the Dollar edged up, but analysts said it may be too soon to declare this to be a durable rally.<\/div>\n<div><\/div>\n<div>The US monthly employment report, due on Friday, will be key in shaping expectations for the outlook for monetary policy, an arguably weightier factor for the Dollar.<\/div>\n<div><\/div>\n<div>The Dollar index rose for a fifth day , up 0.25% at its highest since December 10, largely as a function of weakness in the euro , which fell 0.31% to $1.16845, its lowest since that same date.<\/div>\n<div><\/div>\n<div>The Dollar index lost 1.2% in December, its weakest performance since August.<\/div>\n<div><\/div>\n<div>&#8220;Whilst we see that geopolitical risk, I think we shouldn&#8217;t be stuck on it. Soon, we&#8217;ll come crashing back into the reality of macroeconomics, because there is a slew of US data through the course of this week,&#8221; Jeremy Stretch, Head of G10 FX Strategy at CIBC Markets, said.<\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":15277,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-21976","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":null,"news_description":"Dollar started the first full trading week climbing to multi-week highs","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/21976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/21976\/revisions"}],"predecessor-version":[{"id":25435,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/21976\/revisions\/25435"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/15277"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=21976"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=21976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}