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Daily Market Update by Monex USA – January 5th, 2025

Market Pulse by Monex USA
Market Pulse by Monex USA
Daily Market Update by Monex USA - January 5th, 2025
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The U.S. Dollar is starting 2026 strong, gaining against most G10 currencies following the U.S. capture of Venezuelan President Nicolas Maduro, which has created geopolitical uncertainty and boosted the Greenback. Regional currencies like the Mexican Peso and Colombian Peso are under pressure, while gold is climbing as a safe haven, and oil markets face potential volatility due to speculation about Venezuela’s future supply. The Euro has also weakened amid concerns over U.S. foreign policy. Key economic data this week includes U.S. Nonfarm Payrolls, inflation metrics, and Euro-zone Retail Sales, which could influence market trends.

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