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Foreign exchange rates today June 18: USD suddenly increases

USD exchange rate today, June 18, 2025, the USD erased the decline and traded stronger against the yen, after economic data showed that US consumers are becoming more cautious, amid trade uncertainty and persistent inflation, just before the Federal Reserve (Fed) announced its interest rate decision this week.

Báo Đắk NôngBáo Đắk Nông17/06/2025

World currency exchange rates

In the US market, the US Dollar Index (DXY) measuring the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) increased by 0.81% to 98.81.

The US dollar enjoyed a notable rally despite earlier signs of a sharp decline, supported by unexpected retail sales data, safe-haven sentiment amid Middle East tensions, and expectations that the Fed would not rush to intervene.

Foreign exchange rates today 18062025 Free market increases sharply

The dollar pared losses and traded firmer against the yen after economic data showed US consumers were becoming more cautious amid lingering trade and inflation uncertainty, just ahead of the Federal Reserve’s interest rate decision this week.

US retail sales fell short of expectations in May, but consumer spending was still supported by solid wage growth.

The dollar initially weakened after the data was released, but quickly reversed as markets digested the mixed picture from the data, thereby overshadowing the yen's gains following the Bank of Japan's (BOJ) interest rate decision earlier.

“Weaker-than-expected retail sales data and weak consumer price index (CPI) readings last week have fueled speculation about a Fed rate cut, including calls from US President Donald Trump for a cut of as much as 100 basis points,” said Uto Shinohara, senior investment strategist at Mesirow Currency Management. “However, the full inflationary impact of the new tariffs has yet to be fully reflected,” he added.

Broad risk sentiment remains fragile, amid the conflict between Israel and Iran.

The Bank of Japan (BOJ) ended its two-day monetary policy meeting without major surprises, keeping interest rates unchanged and announcing a new plan to slow the pace of asset write-downs next year amid rising risks from Middle East conflicts and US tariffs.

The yen fluctuated between gains and losses after the decision, and turned lower when BOJ Governor Kazuo Ueda held a press conference. The dollar later rose 0.25% against the yen to 145.17 yen.

Japanese Prime Minister Shigeru Ishiba and US President Donald Trump have yet to reach a trade deal.

The developments in the Middle East continue to keep markets on edge. Markets are being torn between the Middle East war and the trade war, said Adam Button, chief currency analyst at ForexLive. “So I think the market is having a hard time focusing on the economic data, even with the Fed announcing its decision tomorrow,” he said.

In other markets, the EUR fell 0.37% to $1.1516.

Domestic foreign exchange rates

At the time of survey at 6:30 a.m. on June 18, the central exchange rate at the State Bank is currently 24,998 VND/USD, an increase of 5 VND compared to yesterday's trading session.

The reference USD exchange rate at the State Bank's buying and selling exchange center increased slightly, currently at: 23,799 VND - 26,197 VND.

USD exchange rates at commercial banks are as follows:

At Vietcombank, the USD exchange rate is 25,857 - 26,247 VND/USD, up 5 VND in both directions, compared to yesterday's trading session.

NCB Bank is buying USD cash at the lowest price: 1 USD = 25,710 VND

VRB Bank is buying USD transfers at the lowest price: 1 USD = 25,845 VND

HSBC Bank is buying USD cash at the highest price: 1 USD = 25,953 VND; buying USD transfer at the highest price: 1 USD = 25,953 VND

HSBC Bank is selling USD cash at the lowest price: 1 USD = 26,187 VND; selling USD transfer at the lowest price: 1 USD = 26,187 VND

Eximbank, Kien Long, MB, NCB, Techcombank, TPB, UOB, VietABank, Vietcombank, VietinBank are selling USD cash at the highest price: 1 USD = 26,247 VND

ABBank, MB, NCB, TPB are selling USD transfers at the highest price: 1 USD = 26,247 VND

In the "black market", the black market USD exchange rate as of 4:30 a.m. on June 18, 2025 increased by 35 VND in both directions compared to yesterday's trading session, trading around 26,286 - 26,396 VND/USD.

Source: https://baodaknong.vn/ty-gia-ngoai-te-hom-nay-18-06-dong-usd-vut-tang-255898.html


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