On the morning of April 18, 2025, the USD in the world market maintained a stable trend after a sharp decline last week. The Dollar Index (DXY), measuring the strength of the USD compared to 6 other major currencies, stood at 99.53 points, down slightly by 0.05 points compared to yesterday.
This stability comes amid a market lull following a wave of capital flight from the US due to concerns over the impact of tariff policies. According to expert Eric Theoret of Scotiabank, the USD is entering a consolidation phase, and the medium-term outlook for the USD is still not really positive.
The Trump administration’s tax policies continue to be a concern, with investors closely monitoring developments in negotiations between the US and major trading partners. Meanwhile, the European Central Bank (ECB) has cut interest rates to their lowest level since late 2022 to support the tariff-hit Eurozone economy .
Fed Chairman Jerome Powell also sounded a cautious note, saying the Fed would not change policy until it received more clear economic data. He warned that the current tax measures could increase risks to inflation and employment.
Meanwhile, new economic data from the US showed that the labor market remained stable, as the number of applications for unemployment benefits fell last week.
In terms of exchange rates, the Euro fell 0.35% against the USD, trading at 1.1358 USD/EUR. The USD rose 0.3% against the Japanese Yen, to 142.24 JPY/USD, after hitting a near one-month low of 141.60. The USD also rose sharply against the Swiss franc, reaching 0.817 CHF/USD.
On the other hand, some commodity currencies recovered. The New Zealand dollar rose 0.51% to $0.5964/NZD after the country announced higher-than-expected inflation figures. The Australian dollar also rose 0.22% to $0.6383/AUD thanks to upbeat jobs data. The British pound edged up to $1.3249/GBP. Trading volumes were generally low as the market prepares for the Good Friday holiday.
On the morning of April 18, 2025, the USD exchange rate showed signs of recovery after a series of sharp declines. The greenback rose again when selling pressure temporarily subsided, while the Euro weakened somewhat after the decision to cut interest rates for the seventh consecutive time from the European Central Bank (ECB).
The central exchange rate announced by the State Bank is 24,893 VND/USD, down slightly by 6 VND compared to yesterday. However, at commercial banks, the USD price has been adjusted up.
Specifically, Vietcombank listed USD at 25,670 VND for buying and 26,060 VND for selling, up 50 VND in both directions. At HSBC, the highest USD buying price reached 25,732 VND, while LPBank and OceanBank led in transfer buying prices at 25,875 VND. On the selling side, VietinBank is listing the highest price at 26,138 VND/USD.
In the free market, the black market USD exchange rate also increased sharply, to 26,237 VND for buying and 26,357 VND for selling, an increase of 177 VND compared to the previous day.
The recovery of the USD in the context of the global currency market adjusting to new policy developments from both the US and Europe, reflects the cautious sentiment of investors in the face of major economic fluctuations.
Source: https://baonghean.vn/ty-gia-usd-hom-nay-ngay-18-4-2025-trong-nuoc-tang-the-gioi-giam-10295374.html
Comment (0)