Foreign exchange rates, USD/VND exchange rate today, May 19: USD at important support level, EUR not yet motivated enough to increase strongly

Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: May 19, 2025 08:30 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25,750	25,760	26,100
EUR	EUR	28,471	28,585	29,687
GBP	GBP	33,905	34,041	35,012
HKD	HKD	3,256	3,269	3,375
CHF	CHF	30,547	30,670	31,579
JPY	JPY	174.44	175.14	182.42
AUD	AUD	16,260	16,325	16,854
SGD	SGD	19,657	19,736	20,276
THB	THB	762	765	799
CAD	CAD	18,256	18,329	18,839
NZD	NZD		14,961	15,467
KRW	KRW		17.73	19.55

Exchange rate developments in the domestic market

In the domestic market, according to the World and Vietnam Newspaper at 8:00 a.m. on May 19, the State Bank announced the central exchange rate of the Vietnamese Dong at 24,960 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,762 VND - 26,158 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank : 25,720 - 26,110 VND.

Vietinbank: 25,595 - 26,105 VND.

Foreign exchange rates, USD/VND exchange rate today, May 19: USD at important support level, EUR not yet motivated enough to increase strongly. (Source: Metro)

World market developments

The US Dollar Index (DXY) measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) at 100.98.

The DXY index is currently at a key level, with support at 100.50-100 and resistance at 101.50-102. If the index can stay above 100.50, it could rise to 102 again this week. Conversely, a break below 100.50 could drag the index down to 100.

Overall, the 100-102 mark could be a short-term trading range. A breakout on either side of this range would determine the greenback's next move.

If the index rises above 102, the short-term trend will be bullish. It could push the DXY up to 104. On the other hand, a break below 100 would keep the broader downtrend intact. It could even push the DXY down to the 98-96 zone.

As mentioned last week, 96 is a long-term support level that could be the stopping point of the current downtrend.

With trade tensions easing, markets have reduced expectations for a Fed rate cut this year, pricing in a 74% chance of a first cut of at least 25 basis points at the central bank’s September meeting, according to LSEG data.

Several major brokerages, including Goldman Sachs, JPMorgan and Barclays, have recently scaled back their US recession forecasts and their views on Fed policy easing.

On the other hand, EUR/USD fell below the support level at 1.1150 last week, contrary to market expectations.

Despite a nice bounce from the 1.1065 low, it doesn't seem to have enough momentum to push higher again.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-195-dong-usd-o-muc-ho-tro-quan-trong-eur-chua-du-dong-luc-de-tang-manh-314787.html