USD exchange rate today, April 14, 2025: Unchanged

On the morning of April 14th, the State Bank of Vietnam announced that the central exchange rate between the Vietnamese Dong and the US Dollar remained at 24,923 VND. This rate is unchanged from recent sessions.

At the State Bank of Vietnam's exchange floor, the USD exchange rate is listed at 23,727 VND for buying and 26,119 VND for selling.

The Euro exchange rate here is currently 26,743 VND for buying and 29,558 VND for selling.

The Japanese yen exchange rate was quoted at 165 dong for buying and 183 dong for selling.

On the global market, the USD Index, which measures the strength of the US dollar against a basket of six major currencies, currently stands at 99.78 points. This is the lowest level in nearly two years, reflecting the market's pessimistic sentiment regarding the outlook for the USD.

The main reason for the weakening of the USD is the impact of the escalating US-China trade war. Although US President Donald Trump has temporarily suspended some tariffs for 90 days, he still maintains a 10% tariff on most countries. In particular, import tariffs from China have been raised to 125%, after Beijing retaliated with an 84% tariff. Currently, the total US tariffs on Chinese goods have reached 145%.

This development is putting significant pressure on the USD, causing the USD Index to break through the 100-point mark, hitting a low of 99.01 – the lowest level since July 2023. Investors are beginning to expect the US Federal Reserve (Fed) to further cut interest rates in the near future to mitigate the impact of trade tensions.

The yield on 10-year US Treasury bonds also rose sharply last week. From a low of 3.87%, it surged to 4.59%, breaking through the resistance zone of 4.4–4.45%, opening up the possibility of further price increases.

The EUR/USD currency pair recorded an upward trend, breaking through the resistance level of 1.12. If it holds above the support zone of 1.12–1.1150, the short-term bullish trend of the Euro will remain intact.

To ease pressure on the USD, the USD Index needs to recover steadily above 100.5 points. If it fails to break through this level, the downward trend of the greenback is likely to continue.

Source: https://baoquangnam.vn/ty-gia-usd-hom-nay-14-4-2025-khong-thay-doi-3152723.html