USD sees strong gains

Foreign exchange rate, USD/VND exchange rate today February 10 recorded that EUR/USD needs to surpass 1.0420 to reduce downward pressure.

Updated table of foreign exchange rates - USD exchange rates of Agribank today

1. Agribank - Updated: February 10, 2025 08:00 - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25,100	25,120	25,460
EUR	EUR	25,757	25,860	26,948
GBP	GBP	30,869	30,993	31,973
HKD	HKD	3,181	3,194	3,300
CHF	CHF	27,366	27,476	28,350
JPY	JPY	162.80	163.45	170.59
AUD	AUD	15,592	15,655	16,172
SGD	SGD	18,404	18,478	19,008
THB	THB	731	734	767
CAD	CAD	17,351	17,421	17,931
NZD	NZD		14,127	14,624
KRW	KRW		16.73	18.47

Exchange rate developments in the domestic market

In the domestic market, according to TG&VN at 8:00 a.m. on February 10, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD at 24,462 VND.

The reference USD exchange rate at the State Bank's Transaction Office is listed at: 23,400 VND - 25,450 VND.

USD exchange rates at commercial banks buying and selling are as follows:

Vietcombank : 25,080 - 25,470 VND.

Vietinbank : 24,970 - 25,550 VND.

Foreign exchange rates, USD/VND exchange rate today February 10: USD witnessed a strong increase. (Source: Getty Images)

Exchange rate developments in the world market

The US Dollar Index (DXY) measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) stood at 108.10.

The DXY index was volatile last week. It spiked to a high of 109.88 before falling sharply to a low of 107.30.

In the last trading session of last week, the index recovered and closed the week at 108.10.

The yield on the 10-year US Treasury note saw a sharp rise late last week after the release of US employment data. That helped the greenback to pare some of last week's losses. Accordingly, the 10-year yield rose from a low of 4.38% to 4.5%.

The strong recovery from the low of 1.0141 in EUR/USD last week failed to sustain. The EUR fell from the high of 1.0442. This kept the downtrend intact. Resistance for EUR/USD is at 1.0420.

Failure to overcome this barrier could see EUR/USD fall to the 1.0150-1.01 range in the coming period. This would also open the door for the EUR to reach parity with the USD.

EUR/USD needs to break above 1.0420 to ease the bearish pressure. If that happens, it could rise to the 1.06-1.0650 zone in the short term.

Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-102-usd-chung-kien-da-tang-manh-303708.html