Continued to rise after a week

On the morning of July 9, the USD price in the domestic market, although cooling down, still recorded a week of high increase. Specifically, Eximbank added 40 - 60 VND compared to the end of last week, bringing the buying price to 23,410 VND and the selling price to 23,800 VND. Vietcombank also increased 60 VND in both buying and selling directions, bringing the buying price to 23,440 VND and the selling price to 23,810 VND...

Similarly, the euro recorded a week of increase as Vietcombank bought at 25,057 VND and sold at 26,460 VND, up 130 - 138 VND compared to the end of last week; the JPY also increased by 2.33 VND in buying, up to 160.65 VND and increased by 2.47 VND in selling, up to 170.08 VND...

USD price in the country continued to increase on the morning of July 9

The international USD price fell sharply in the last session of the week. The USD-Index was only 102.25 points, down 0.65 points compared to the end of last week.

The US dollar fell after recovering slightly in mid-week trading as data showing the US labor market remained strong increased the likelihood of the US Federal Reserve raising interest rates later this month. According to the CME FedWatch tool, the probability of the Fed raising interest rates by 25 basis points at its July meeting has risen to 92.4%.

Dallas Fed President Lorie Logan said on July 6 that the Fed will likely raise interest rates at its meeting later this month. However, she acknowledged that the economic environment is challenging and uncertain, so the Fed may pause its rate hikes for one meeting and gradually tighten policy. Lorie Logan noted that policymakers generally expect interest rates to continue to rise.

The forecast of higher interest rates pushed the yield on the 2-year US Treasury bond to a 16-year high of over 5% on Friday, while US stocks fell. However, the yield on the 10-year US bond fell, dragging the greenback down to its lowest level in more than two weeks...

Source link: https://thanhnien.vn/gia-usd-hom-nay-972023-tiep-tuc-tang-cao-sau-mot-tuan-185230708210013731.htm