Exchange rates of USD, EUR, AUD, CAD, Japanese Yen, British Pound... US debt ceiling agreement pushes greenback down

Update foreign exchange rates today, June 5, USD, EUR, AUD, CAD, Pound, Japanese Yen, exchange rates... US debt ceiling agreement pushes greenback down.

Tỷ giá ngoại tệ hôm nay 5/6: Tỷ giá USD, EUR, AUD, CAD, Yên Nhật, Bảng Anh...Thỏa thuận trần nợ của Mỹ đè đồng bạc xanh giảm

Foreign exchange rates today, June 5: USD, EUR, AUD, CAD, Japanese Yen, British Pound...US debt ceiling agreement pushes greenback down. (Source: FT)

Foreign exchange rates today 5/6

The central exchange rate between Vietnamese Dong (VND) and US Dollar (USD) on the morning of June 5 was announced by the State Bank at 23,693 VND/USD, down 29 VND compared to the trading session at the end of last week.

With the +/- 5% margin currently applied, the ceiling rate applied by banks today is 24,879 VND/USD and the floor rate is 22,506 VND/USD.

At commercial banks this morning, the prices of USD and Chinese Yuan (CNY) adjusted slightly.

At 8:45 a.m., at BIDV , the USD price was listed at 23,330 - 23,630 VND/USD (buy - sell), keeping the same price in both buying and selling directions compared to the closing price yesterday.

The CNY price at this bank is listed at 3,259 - 3,370 VND/CNY (buy - sell), an increase of 4 VND for buying and 5 VND for selling compared to yesterday's closing price.

The greenback price at Vietcombank is listed at 23,280 - 23,650 VND/USD (buy - sell), unchanged from the trading session at the end of last week.

The listed CNY price is 3,246 - 3,385 VND/CNY (buy - sell), an increase of 5 VND in both buying and selling compared to the previous trading session.

STT	Currency code	Currency name	Bank rate commerce Buy	Bank rate commerce Sell	*State Bank exchange rate Apply import and export from June 1-7
1	EUR	Euro	24,501.57	25,873.48	25,343.15
2	JPY	Japanese Yen	163.15	172.72	170.10
3	GBP	British Pound	28,471.83	29,685.83	29,367.42
4	AUD	Australian Dollar	15,116.28	15,760.82	15,397.50
5	CAD	Canadian Dollar	17,057.71	17,785.02	17,398.39
6	RUB	Russian Ruble	276.77	306.43	293.02
7	KRW	Korean Won	15.52	18.92	17.90
8	INR	Indian Rupee	284.40	295.81	286.87
9	HKD	Hong Kong Dollar (China)	2,921.50	3,046.07	3,027.64
10	CNY	Chinese Yuan China	3,246.00	3,385.00	3,341.18

(Source: State Bank, Vietcombank)

Exchange rate developments in the world market

In the US market, the US Dollar Index (DXY) measuring the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) was at 104.04, down 0.16%.

Today, on the world market, the exchange rate of the greenback and the Euro decreased.

The greenback has turned slightly lower over the past week. Developments on the US debt ceiling deal weighed on the greenback over the past week. Accordingly, the greenback fell when the debt ceiling deal was passed. In addition, positive employment data released over the weekend helped the USD recover slightly and pull it back up from its lowest level of the week.

Accordingly, the US added 339,000 jobs in May. This figure was much higher than the market's expectation of an increase of 190,000. However, the unemployment rate increased to 3.7% in May, compared to an increase of 3.4% in April.

The market is now waiting for the US Federal Reserve's June policy meeting.

The DXY Index struggled to reach 104.50 decisively last week before turning sharply lower. Although it recovered in the final session of the week, the index needs to rise sharply above 104.50 to establish an uptrend towards 105-106.

Based on the technical charts, the DXY Index is expected to fall further this week. It may test the 103-102.8 level, before rallying back to the target of 105-106.

Elsewhere, the euro fell below support at 1.07 last week, hitting a low of 1.0635 before rebounding from there. Strong resistance for the currency lies in the 1.08-1.0820 zone. The overall picture for the common European currency remains bearish. The euro could fall to 1.05 in the short term.

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