The US dollar has temporarily halted its decline.

Today's USD exchange rate (April 18): Early morning on April 18, the State Bank of Vietnam announced that the central exchange rate of the Vietnamese Dong against the USD decreased by 6 dong, currently at 24,893 dong.

Meanwhile, in the US market, the US Dollar Index (DXY), which measures the fluctuations of the US dollar against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), rose 0.02%, reaching 99.40.

Today's USD exchange rate worldwide

The US dollar strengthened in the last trading session, while the euro weakened slightly after the European Central Bank (ECB) implemented its seventh interest rate cut in a year.

Chart showing the fluctuations of the DXY index over the past 24 hours. Image: Marketwatch

The US dollar has largely stabilized this week, trading within a narrow range against the euro, following sharp declines last week driven by concerns about the economic impact of tariffs and investors moving capital abroad.

Eric Theoret, foreign exchange strategist at Scotiabank, said: “Our medium-term outlook remains quite pessimistic for the USD, so we only see this as a minor rebound.”

Traders are closely monitoring discussions between the administration of U.S. President Donald Trump and its trading partners.

On April 17, President Donald Trump said he hoped to reach a trade agreement with China.

The US leader and his close ally, Italian Prime Minister Giorgia Meloni, have expressed optimism about resolving the trade tensions that have strained US-European relations, ahead of talks at the White House.

Mr. Trump also praised significant progress in tariff negotiations with Japan on April 16.

The ECB has cut interest rates to their lowest level since late 2022, aiming to support the struggling eurozone economy, which is heavily impacted by US tariffs.

Meanwhile, on April 16, Federal Reserve Chairman Jerome Powell said that the Fed would wait for more data on the direction of the economy before changing interest rates, but warned that President Donald Trump's tariff policies risk pushing inflation and employment further away from the central bank's targets.

On April 17, Mr. Trump called on the US Federal Reserve to cut interest rates.

Data released on April 17 showed that the number of Americans filing new unemployment benefit claims decreased last week, indicating that labor market conditions remained stable in April.

The euro fell 0.41% on the day, to $1.1351, and remains below its three-year high of $1.1473 reached late last week. Against the Japanese yen, the dollar rose 0.51%, reaching 142.54. Earlier, it touched 141.60, its lowest level since September 18.

Against the Swiss franc, the US dollar rose 0.97%, reaching 0.821.

Meanwhile, the AUD rose 0.24% to 0.6385 after newly released data showed that Australian employment rebounded in March.

The British pound rose 0.1% to $1.3253, after hitting $1.3292 on April 16, its highest level since October 2.

Today's USD exchange rate, April 18: The US dollar has temporarily halted its decline. Photo: Reuters

Today's domestic USD exchange rate

On the domestic market, at the beginning of the trading session on April 18, the State Bank of Vietnam announced that the central exchange rate of the Vietnamese Dong against the US Dollar decreased by 6 dong, currently at 23,893 dong.

* The reference exchange rate at the State Bank of Vietnam's exchange floor increased slightly for buying and selling, currently at: 23,699 VND - 26,087 VND.

The USD exchange rates at commercial banks for buying and selling are as follows:

USD exchange rate	Buy	Sell
Vietcombank	25,670 VND	26,060 VND
Vietinbank	25,560 VND	26,138 VND
MB	25,700 VND	26,060 VND

* The EUR exchange rate at the State Bank of Vietnam's exchange desk has slightly increased, currently standing at: 26,868 VND – 29,696 VND (buying and selling rates).

The EUR exchange rates at commercial banks for buying and selling are as follows:

EUR exchange rate	Buy	Sell
Vietcombank	28,641 VND	30,211 VND
Vietinbank	28,599 VND	30,309 VND
MB	28,950 VND	30,207 VND

* The Japanese Yen exchange rate at the State Bank of Vietnam's exchange desk saw a slight increase in buying and selling rates, currently standing at 166 VND – 183 VND.