USD exchange rate fluctuates amid US economic uncertainty

The US dollar has experienced fluctuations against the Vietnamese Dong and other major currencies amid shifting economic expectations in the United States. On August 11, the USD saw upward movement in domestic markets alongside rising oil prices. The State Bank of Vietnam set the central exchange rate at 25,491 VND, with commercial banks like Vietcombank and Vietinbank reporting USD buying and selling rates in the 25,900 to 26,350 VND range.

Globally, market sentiment is heavily influenced by anticipation of US Consumer Price Index (CPI) data and recent weaker-than-expected employment reports. These factors have led to a decrease in the perceived probability of the Federal Reserve raising interest rates at its September meeting. Additionally, the Japanese Yen has shown strength following market interventions by Japan and the US, though experts question the long-term sustainability of this trend without monetary policy adjustments.