Morning of December 15th: The central exchange rate decreased by 10 dong.

According to a survey by thoibaonganhang.vn, as of 9:00 AM today (December 15th), the central exchange rate decreased by 10 dong compared to the previous session. The buying and selling prices of USD at all commercial banks were adjusted downwards, with a common margin of 10-80 dong compared to the previous session.

The US dollar continued to face downward pressure at the start of the week, while the euro and British pound were largely unchanged as markets awaited key monetary policy decisions from major central banks this week. Investors are focusing their attention on the global interest rate outlook as the new year approaches.

The market generally fluctuated within a narrow range as investors prepared for a week packed with economic data, centered around US inflation data and the non-farm payrolls report – two key indicators guiding the Federal Reserve's policy.

The yen is currently trading at 155.76 yen per USD, up 0.03%.

The Japanese yen was virtually unchanged after a key survey released by the Bank of Japan (BoJ) showed that business sentiment among major manufacturers in the country had reached its highest level in four years.

The survey results further reinforce expectations that the BoJ will raise interest rates at its upcoming policy meeting, although the market is expected to focus more on Governor Kazuo Ueda's message and policy direction regarding the future interest rate hike trajectory.

Analysts at Societe Generale forecast that the Bank of Japan (BoJ) will raise its policy interest rate to 1% in July next year, and also expect the central bank to take further action in its policy decision announced on Friday.

According to the analysis group, once the policy interest rate reaches 1%, the BOJ will enter " uncharted territory," and is therefore likely to raise interest rates by another 25 basis points while closely monitoring the impact on the economy and price levels. Societe Generale predicts that any further interest rate hikes, if they occur, will be in 25 basis point increments, spaced at least nine months to a year apart.

Before the Bank of Japan (BoJ) makes its decision, the market will also closely monitor the policy meetings of the Bank of England (BoE) and the European Central Bank (ECB). Currently, a BoE interest rate cut is almost certain, given that inflation in the UK remains high but is showing signs of cooling. Conversely, the ECB is expected to keep interest rates unchanged, although traders have begun speculating about the possibility of the bank returning to a rate hike cycle in 2026.

The British pound fell 0.02% to $1.3369.

The euro is trading sideways, currently at $1.1739.

Commenting on the Bank of Australia's policy, Joseph Capurso, Head of Foreign Exchange, International and Geographic Economics at Commonwealth Bank of Australia, said that a decision to cut interest rates would require careful consideration. He noted the risk lies in the fact that inflation data released this week could significantly alter how the market prices subsequent rate cuts. UK inflation figures are scheduled to be released on Wednesday.

In the US, a series of delayed economic data due to the historic government shutdown are expected to be released this week, giving investors a more comprehensive view of the health of the world's largest economy and potentially guiding market movements in the latter part of the year. The November jobs report is scheduled for Tuesday, while inflation data will be released on Thursday.

The US dollar index – a measure of the greenback's strength against a basket of major currencies – is currently at 98.359, continuing to fluctuate near the two-month low established last week.

The Australian dollar is trading sideways, currently at 0.6651 USD.

The New Zealand dollar edged higher by 0.02% to $0.5807.

The Fed cut interest rates by 25 basis points last week to support a weakening labor market. However, Fed Chairman Jerome Powell said borrowing costs are unlikely to fall further in the short term, as the agency needs clearer economic signals to assess the outlook.

Notably, U.S. President Donald Trump said on Friday that he is considering either former Fed Governor Kevin Warsh or National Economic Council Director Kevin Hassett to lead the U.S. central bank next year.

Source: https://thoibaonganhang.vn/sang-1512-ty-gia-trung-tam-giam-10-dong-175142.html