USD exchange rate today (April 17): USD continues to plummet - Lang Son Newspaper and Radio and Television

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) decreased by 0.94% to 99.28.

USD exchange rate today in the world

The US dollar continued to fall in the last trading session as traders waited to see whether the administration of US President Donald Trump would reach new trade agreements with partners.

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

The US dollar fell last week on concerns about the economic impact of new tariffs.

The US is currently in discussions with countries including Japan, while tensions between China and the US are rising.

US President Donald Trump said he will personally attend a meeting of Japanese and US trade officials. Meanwhile, South Korean Finance Minister Choi Sang-mok will meet with US Treasury Secretary Scott Bessent next week to discuss trade issues.

US Vice President JD Vance said on April 16 that there was a good chance the US and UK would reach a major trade deal, but any trade deal with China and the European Union was expected to take longer to reach.

On April 15, Mr. Trump ordered an investigation into potential new tariffs on all important US mineral imports to put pressure on industry leader China.

US Federal Reserve Chairman Jerome Powell said on April 16 that US economic growth appeared to be slowing, with consumer spending rising modestly, and a rush of imports to avoid tariffs could weigh on estimates of gross domestic product and consumer sentiment.

“The Fed is waiting to see what happens next before making any moves on interest rates,” said Robert Pavlik, senior portfolio manager at Dakota Wealth.

Powell also said he hopes the US central bank will intervene to curb market volatility.

US data released on April 16 showed US retail sales jumped in March as households ramped up car purchases ahead of tariffs.

In a contrasting development, the EUR closed the trading session up 0.84%, reaching 1.1376 USD, anchored below the 3-year high of 1.1473 USD.

The dollar fell 0.71 percent against the Japanese yen to 142.22 after earlier hitting 142.03. The dollar also fell 1 percent against the Swiss franc to 0.815.

Meanwhile, sterling fell 0.07% to $1.3221, after hitting a six-month high of $1.3292 earlier.

The Canadian dollar rose 0.5% against the greenback to $1.39 after the Bank of Canada kept its key policy rate unchanged at 2.75%, the first pause in seven straight cuts, and said it was ready to act decisively if needed to control inflation.

Similarly, the AUD also increased by 0.35% against the USD, reaching 0.6365 and previously reached 0.6391, the highest level since February 24.

USD exchange rate today, April 17: USD continues to plummet. Photo: Reuters

USD exchange rate today domestic

In the domestic market, at the beginning of the trading session on April 17, the State Bank announced the central exchange rate of the Vietnamese Dong against the USD increased by 8 VND, currently at 23,899 VND.

* The reference exchange rate at the State Bank's transaction office increased slightly, currently at: 23,705 VND - 26,093 VND.

USD exchange rate at commercial banks buy and sell as follows: