Meanwhile, 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 0.21% to 103.55.

USD exchange rate in the world today

The US dollar bounced off a two-week low in the previous session, as investors awaited inflation data and the Federal Reserve's interest rate decision next week.

DXY Index volatility chart over the past 24 hours. Photo: Marketwatch

The Fed is expected to keep interest rates unchanged at its June 13-14 meeting, but is likely to maintain its hawkish stance and could raise rates in July as inflation remains above its 2% target. Data due on June 13 are expected to show headline inflation rising at an annual rate of 4.1% in May, while core prices rose 5.3%.

The greenback largely traded in a narrow range as investors awaited clearer signs of whether the economy would maintain strength and whether inflation would pick up or fall.

Data released on June 9 showed that the number of Americans filing new claims for unemployment benefits rose to the highest level in more than 1 1/2 years last week. Meanwhile, May jobs data released late last week showed employers added 339,000 jobs, more than expected, but the unemployment rate rose to a seven-month high of 3.7%.

“This jump brings jobless claims to near a two-year high and is being viewed by markets as a clear sign that the US economy is weakening and the Fed will be more hesitant to raise interest rates,” said CaxtonFX strategist David Stritch.

In contrast, the euro fell 0.30% against the dollar to $1.0749. The European Central Bank is expected to raise eurozone interest rates by 25 basis points to 3.50% at its meeting next week.

USD exchange rate today (June 10): USD increases ahead of US inflation data. Illustration photo: Reuters

Domestic USD exchange rate today

In the domestic market, at the end of the trading session on June 9, the State Bank announced the central exchange rate of the Vietnamese Dong against the USD increased slightly by 3 VND, currently at: 23,717 VND.

* The reference exchange rate at the State Bank's transaction office increased slightly, currently at: 23,400 VND - 24,852 VND.

USD exchange rates at commercial banks are as follows:

USD exchange rate

Buy

Sell

Vietcombank

23,310 VND

23,650 VND

Vietinbank

23,265 VND

23,723 VND

BIDV

23,340 VND

23,640 VND

* The Euro exchange rate at the State Bank's buying and selling exchange center increased slightly to: 24,300 VND - 26,858 VND.

Euro exchange rates at commercial banks are as follows:

Euro exchange rate

Buy

Sell

Vietcombank

24,892 VND

26,023 VND

Vietinbank

24,433 VND

25,723 VND

BIDV

24,891 VND

26,015 VND

MINH ANH