Euro exchange rate today 5/28/2025: Euro falls due to expectations of US-EU trade deal

Domestic Euro exchange rate today 5/28/2025

* The euro exchange rate at the State Bank's buying and selling exchange center increased slightly, currently at: 27,021 VND - 29,866 VND.

Survey at 4:30 on the black market, the euro was traded around 29,610 VND/EUR, slightly down compared to yesterday.

Euro exchange rate today 5/28/2025: Euro falls due to expectations of US-EU trade deal

At 4:30 a.m. today, May 28, the euro exchange rate at domestic banks decreased simultaneously in the context of global market sentiment being more optimistic about the US-EU trade prospects and the USD recovering slightly.

Specifically, the sharpest decrease was recorded at BIDV , with the buying and selling prices decreasing by 109 VND and 111 VND respectively compared to the previous session, bringing the exchange rate to 28,945 - 30,205 VND. Techcombank also adjusted the price down sharply with 85 VND for buying and 76 VND for selling.

Vietcombank and Eximbank had an average decrease of about 52-65 VND in both directions, while Sacombank decreased about 70 VND in buying and 69 VND in selling, keeping the exchange rate at the lowest level in the group: 29,072 - 29,945 VND.

HSBC is the bank with the lightest adjustment, only decreasing by 30-31 VND, listing prices at 28,965 - 30,089 VND.

Domestic Euro Exchange Rate	May 28, 2025		Change from previous session
Bank	Cash purchase	Counter	Buy	Sell
Vietcombank	28666	30236	-62	-65
Vietinbank	28579	30289	-52	-52
BIDV	28945	30205	-109	-111
Techcombank	28784	30091	-85	-76
Eximbank	28978	29963	-52	-64
Sacombank	29072	29945	-70	-69
HSBC	28965	30089	-30	-31

EUR/USD world exchange rate today 5/28/2025

On the international market, the euro was recorded at 4:30 a.m. trading at 1.1345 USD/EUR, slightly down compared to yesterday's closing price (May 27).

Selling pressure emerged as the US dollar rebounded strongly on expectations of rapid progress in trade negotiations between the US and the European Union (EU).

The US dollar index (DXY), which measures the greenback's strength against six major currencies, rose 0.4% to near 99.35, erasing early losses during the session.

The main impetus came from US President Donald Trump's latest comments on the social network Truth Social, in which he said the EU was "speeding up" to set up a trade meeting with the US after being pressured by the 50% tax plan.

Specifically, Trump wrote that he was satisfied with the proposed tariffs and revealed that the EU had proactively contacted to promote negotiations. Previously, the EU also asked businesses in the bloc to submit investment plans in the US - a step that shows that the EU is seriously speeding up the formation of trade proposals that meet Washington's requirements.

One factor that helped ease tensions was Trump’s postponement of the imposition of 50% tariffs on EU goods from June 1 to July 9, after what was described as a “good” phone call with European Commission President Ursula von der Leyen, who pledged to speed up negotiations and hoped to reach a fair deal in the short term.

On the domestic front, the durable goods orders report for April showed a 6.3% decline, reversing a sharp 7.6% rise in March. The result was lower than analysts' expectations, which had forecast a deeper decline of 7.9%, but still reflected a slowdown in investment in long-term manufactured goods.

The combination of these factors has helped the USD recover and weighed on the euro, although the US economic fundamentals still show some signs of weakness. The EUR/USD exchange rate may therefore continue to fluctuate in the short term, depending on the progress of trade negotiations and subsequent economic data from both regions.

Source: https://baonghean.vn/ty-gia-euro-hom-nay-28-5-2025-dong-euro-giam-do-ky-vong-thoa-thuan-thuong-mai-my-eu-10298356.html