USD price reverses to plummet, gold price suddenly increases, buying pressure accumulates massively

Trà My |

Foreign exchange rate today: USD price drops to a 1-week low. Domestically, the price of SJC gold today is at 57.27 million VND/tael.

How much is the VND for the current USD exchange rate?

The central exchange rate is listed by the State Bank at 23,153 VND/USD.

The black market USD exchange rate today is at 23,070 - 23,180 VND (buy - sell).

Vietcombank's exchange rate today is listed at: VND 22,710 - VND 22,940 (buy - sell), up VND 10 in both directions compared to the previous trading session.

Vietcombank's Euro exchange rate is currently at VND 26,256 - VND 27,623 (buy - sell).

The Japanese Yen exchange rate is currently at 203 VND - 214 VND (buy - sell).

The British exchange rate is currently at 30,848 VND - 32,135 VND (buy - sell).

The Nhan exchange rate today is at 3,455 VND - 3,599 VND (buy - sell).

The Australian Dollar exchange rate today is at 16,371 - 17,055 VND (buy - sell).

USD price today decreased slightly, gold price today increased again

The US Dollar Index (DXY) measuring the fluctuations of the greenback against 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) is currently at 92.537.

USD prices fell to near a weekly low. This is the first time in 7 consecutive weeks that the USD price has decreased sharply. The decline in US consumer confidence has led investors to believe that the possibility of a tightening monetary policy by the US Federal Reserve is unlikely to happen soon.

The US Dollar Index, which tracks the greenback against other currencies, has fallen 0.02%.

The USD/JPY pair increased by 0.02% to 110.4.

The AUD/USD pair increased by 0.1% after the Reserve Bank of Australia released the minutes of a recent meeting.

USD/CNY exchange rate increased by 0.01%. China's industrial production rose 6.4% lower than expected for the same period last year in July, while retail sales also disappointed, rising 8.5% year-on-year in the same month.

Investors who have looked at US economic data from last week said consumer sentiment fell to its lowest level since 2011. Consumer expectations in August were 65.2, while consumer sentiment was 70.2.

"Does the survey signal an upcoming turning point in the US economy? The increase in Delta variation infections in the US has had a significant impact on market sentiment, said Tapas Strickland, an analyst at the Australian National Bank.

The market is focusing on other US data, including core retail sales and retail sales, due this week.

Investors are also waiting for the Fed's next move on asset cuts and interest rate increases. Fed Chairman Jerome Powell will speak at a virtual city court meeting with educators and students on Tuesday. The minutes of the policy meeting will be released a day later. At the end of the month, the central bank will also hold an annual conference in Jackson Hole, Wyoming.

Gold prices increased in the first session of the week, causing many investors to expect gold to continue to increase in the coming days.

World gold prices are currently at 1,781.90 - 1,782.90 USD/ounce.

Today's SJC gold price is 56.55 million VND/tael (buy) and 57.27 million VND/tael (sell).

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USD exchange rate anchored firmly at 4-month peak, gold price fluctuated sideways

Trà My |

Foreign exchange rate today (August 12): USD price remains high. Domestically, the price of SJC gold today is at 57.12 million VND/tael.

Foreign exchange rate today 11.8: USD increases due to strong buying pressure, gold falls sharply

Trà My |

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Foreign exchange rate 9.8: USD increases to nearly 4-month peak

Trà My |

Foreign exchange rate today (August 9: USD price skyrocketed to the 4-month peak. Domestically, the price of SJC gold today is 56.92 million VND/tael.