USD exchange rate today (July 9): USD slightly increased

USD exchange rate today: Early morning of July 9, the State Bank announced the central exchange rate of Vietnamese Dong to USD at 25,121 VND.

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 0.04% to 97.52.

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

USD exchange rate today in the world

The US dollar continues to show its key strength amid geopolitical and trade uncertainties. US President Donald Trump has announced a new 25% tariff on imports from Japan and South Korea, as well as new tariffs on 12 other countries. The tariffs are expected to take effect from August 1, but Mr. Trump also left open the possibility of extending them if partners propose new trade agreements.

The yen weakened on Tuesday, pushing the dollar up 0.38% to 146.625 yen.

Japanese Prime Minister Shigeru Ishiba said on Tuesday that he will continue negotiations with the United States to seek a mutually beneficial trade deal.

“Most market participants expect the government to continue to delay the decision,” Karl Schamotta, chief market strategist at Corpay, said in a research note.

“While increased uncertainty will certainly weigh on business investment in the short term, Trump is expected to gradually increase the effective tariffs, while avoiding a severe supply chain shock to the US economy,” he added.

The European Union will not receive a tariff notification letter and could be exempted from the 10% base US tariff.

Reflecting the contrast in the outlooks of the two trading partners, the euro hit a one-year high against the yen and was last seen up 0.58% at 171.980 yen.

The EUR also rose against the USD, up 0.17% to $1.1729.

“There is still a lot of uncertainty about where the final tariffs will be set and which countries will pay which tariffs, so uncertainty about the global economic outlook remains high and that will keep investors cautious in the near term,” said Carol Kong, a currency strategist at Commonwealth Bank of Australia.

The standout among major currencies on Tuesday was the Australian dollar, which rose more than 1% following the Reserve Bank of Australia’s surprise decision to keep interest rates unchanged. It was last seen gaining 0.6% at $0.653.

The New Zealand dollar was last down 0.03% at $0.60, while the British pound was down 0.04% at $1.3597.

Illustration photo: nld.com.vn

Domestic USD exchange rate today

In the domestic market, at the beginning of the trading session on July 9, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 25,121 VND.

* The reference USD exchange rate at the State Bank's buying and selling exchange center increased, currently at: 23,915 VND - 26,327 VND.

USD exchange rates at commercial banks are as follows: