Morning of November 19: Central exchange rate stable

According to a survey by thoibaonganhang.vn, as of 9am this morning (November 19), the central exchange rate remained unchanged compared to the previous session. The USD buying and selling prices at some commercial banks were adjusted to increase with a common amplitude of 4-30 VND compared to the previous session.

The Japanese yen regained momentum while the dollar held steady against most major currencies in early Asian trade on Wednesday, as investors shifted to safe-haven assets after a multi-day sell-off in global stock markets.

The yen rose 0.1% after hitting a nine-month low against the dollar on Tuesday, currently trading at 155.49 yen per dollar.

The US dollar index - which measures the greenback's strength against a basket of six major currencies - was flat at 99.594, near a one-week high, as US Treasury bonds attracted safe-haven flows.

Global stock markets came under pressure this week, with the S&P 500 index on a four-day losing streak due to concerns about high valuations for AI stocks, while US stock index futures continued to fall in Asian trading on Wednesday.

Adding to the uncertainty, data released Tuesday showed the number of Americans receiving unemployment benefits rose sharply between mid-September and mid-October.

The “more important test,” analysts say, will come with the delayed release of the September nonfarm payrolls report on Thursday.

Traders are edging up expectations that the US Federal Reserve will continue easing policy at its next meeting, although uncertainty remains due to divisions within the central bank over whether to delay rate cuts.

According to the CME FedWatch tool, Fed funds futures now reflect a 46.6% probability that the Fed will cut interest rates by 25 basis points at its December 10 meeting, up from 42.4% the previous day.

Richmond Fed President Thomas Barkin said Tuesday he expects ongoing community interviews to help clarify the direction of the economy . Fed officials are split between cutting rates to protect the labor market and keeping them steady to counter inflation risks.

Japan continued to increase its holdings of US Treasury bonds in September, marking the ninth consecutive month of increase, according to US Treasury Department data. Japan remains the largest foreign holder of US debt, with $1.189 trillion, the highest since August 2022.

The Australian dollar fell 0.1% to $0.65085 after data showed third-quarter wage growth remained steady.

The New Zealand dollar fell 0.2% to $0.5659.

Source: https://thoibaonganhang.vn/sang-1911-ty-gia-trung-tam-on-dinh-173776.html