{"id":38230,"date":"2026-01-05T17:07:58","date_gmt":"2026-01-05T09:07:58","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=38230"},"modified":"2026-01-05T17:07:58","modified_gmt":"2026-01-05T09:07:58","slug":"dollar-gains-as-venezuela-crisis-fuels-safe-haven-demand","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/dollar-gains-as-venezuela-crisis-fuels-safe-haven-demand\/","title":{"rendered":"Dollar Gains as Venezuela Crisis Fuels Safe-Haven Demand"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/Venezuela-on-Dollar-1024x576.jpg\" alt=\"Venezuela effects on the Dollar\" class=\"wp-image-38231\" \/><\/figure>\n\n\n\n<p><strong>Key Points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The US Dollar Index strengthens as safe-haven demand rises on renewed geopolitical risks.<\/li>\n\n\n\n<li>The US reportedly captured Venezuelan President Nicol\u00e1s Maduro, with President Donald Trump stating that Washington would oversee a safe and orderly transition.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<p>The <strong>US Dollar Index (DXY)<\/strong>, which tracks the value of the US Dollar (USD) against six major currencies, extended its gains for a second consecutive session, trading around <strong>98.60<\/strong> during Asian hours on Monday.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Dollar rallies as traders look past Venezuela to flurry of US data <a href=\"https:\/\/t.co\/ZRgg95i0ko\">https:\/\/t.co\/ZRgg95i0ko<\/a> <a href=\"https:\/\/t.co\/ZRgg95i0ko\">https:\/\/t.co\/ZRgg95i0ko<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/2008064699766579675?ref_src=twsrc%5Etfw\">January 5, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The dollar\u2019s advance follows renewed geopolitical uncertainty after reports emerged that the US had captured Venezuelan President Nicol\u00e1s Maduro. President Donald Trump signalled that Washington would supervise a safe and orderly transition.<\/p>\n\n\n\n<p>The news triggered a wave of <strong>risk-off sentiment<\/strong>, prompting investors to seek traditional safe-haven assets such as the USD and Japanese yen.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">A Bloomberg gauge of the dollar rose to the strongest level in two weeks after the US\u2019 move to oust Venezuela\u2019s President Nicol\u00e1s Maduro sparked an increase in geopolitical risks <a href=\"https:\/\/t.co\/dVndXOuRQ2\">https:\/\/t.co\/dVndXOuRQ2<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/2008048068990525770?ref_src=twsrc%5Etfw\">January 5, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Dollar Awaits ISM PMI<\/h2>\n\n\n\n<p>Traders are also monitoring key US economic data, particularly the <strong>ISM Manufacturing PMI<\/strong>, for further clues on the dollar\u2019s near-term trajectory. Any unexpected strength could reinforce the greenback\u2019s gains, while weaker-than-expected figures may provide relief to other currencies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Technical Analysis<\/h2>\n\n\n\n<p>The US Dollar began the week with <strong>strong bullish momentum<\/strong>, as investors turn to safe-haven assets during periods of uncertainty.<\/p>\n\n\n\n<p>USDX is currently trading above the <strong>98.00<\/strong> level and could test the next resistance at <strong>99.00<\/strong>.<\/p>\n\n\n\n<p>A break above <strong>99.00<\/strong> would open the path towards the <strong>100.00<\/strong> level.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/codeZDM0ZTI5ZDVmMGJlNGQyZTBmYjkyYjRiYTY5ODA5ZTVfdW13aDNLZVpleDZXeXJ3Q2NtN0lPa0RVWVZscDRDaGpfVG9rZW46UU8wOGJ2ZUcwb3RNVGR4RjhRdWxoWXg1Z2JoXzE3Njc2MDM2ODU6MTc2NzYwNzI4NV9WNA.jpg\" alt=\"\" \/><\/figure>\n\n\n\n<p>The <strong>MACD histogram<\/strong> is showing bullish bars, indicating buyers are stepping in. However, the signal line remains in negative territory. It is prudent to wait for the signal line to cross the <strong>50 level<\/strong> before taking long positions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Cautious Outlook as ISM PMI Awaits<\/h2>\n\n\n\n<p>Traders should pay close attention to the <strong>ISM PMI<\/strong> data, due later today during the New York session. Forecasts suggest a reading of <strong>48.3<\/strong>, slightly above the previous <strong>48.2<\/strong>, which is partly why the dollar has gained in early trading.<\/p>\n\n\n\n<p>Nonetheless, the actual data will dictate market direction. Traders are advised to employ proper <strong>risk management<\/strong> and wait for clear signals before executing trades.<\/p>\n\n\n\n<p><strong>Learn more about trading <\/strong><strong><a href=\"https:\/\/www.vtmarkets.com\/indices\">Indices<\/a><\/strong><strong> on <\/strong><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\">VT Markets<\/a><\/strong><strong> today.<\/strong><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US Dollar Index rises above 98.50 on US-Venezuela tensions.- vtmarkets.com<\/p>\n","protected":false},"author":73,"featured_media":38231,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[9,81],"class_list":["post-38230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-dollar","tag-usd"],"acf":{"acf_article_selection_author":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/38230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/73"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=38230"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/38230\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media\/38231"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=38230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=38230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=38230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}