USD sees strong gains

Báo Quốc TếBáo Quốc Tế10/02/2025

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


Foreign exchange rate update table - USD exchange rate 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 of Vietnam is listed at: 23,400 VND - 25,450 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank: 25,080 - 25,470 VND.

Vietinbank: 24,970 - 25,550 VND.

Nguồn: Getty Images)
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) which 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, this index recovered and closed the week at 108.10.

The yield on the 10-year US Treasury note saw a sharp increase 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.

If this barrier is not overcome, EUR/USD could 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

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