At the State Bank of Vietnam, the USD exchange rate is listed at 23,727 VND for buying and 26,119 VND for selling.
The Euro exchange rate here is at 26,743 VND for buying and 29,558 VND for selling.
The Japanese yen exchange rate is listed at 165 VND for buying and 183 VND for selling.
In the world market, the USD Index measuring the strength of the greenback against a basket of six major currencies is currently at 99.78 points. This is the lowest level in nearly two years, reflecting the market's pessimism about the outlook for the USD.
The main reason for the weakening of the USD is the impact of the escalating US-China tariff war. Although US President Donald Trump has suspended some tariffs for 90 days, he has maintained a 10% tariff on most countries. In particular, import tariffs from China have been raised to 125%, after Beijing retaliated with an 84% rate. The total US tariffs on Chinese goods now reach 145%.
This development is putting great pressure on the USD, causing the USD Index to break through the 100-point threshold, hitting a bottom of 99.01 - the lowest level since July 2023. Investors are starting to expect the US Federal Reserve (Fed) to cut interest rates further in the near future to minimize the impact of trade tensions.
The yield on the 10-year US Treasury bond also increased sharply last week. From a low of 3.87%, it jumped 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 momentum, surpassing 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.
To ease the pressure on the USD, the USD Index needs to recover steadily above the 100.5 mark. If it fails to overcome this level, the greenback's decline is likely to continue.
Source: https://baoquangnam.vn/ty-gia-usd-hom-nay-14-4-2025-khong-thay-doi-3152723.html
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