Global FX markets are treading a steady path as traders weigh US dollar momentum against incoming data and central bank expectations. The US Dollar Index sits near 101.15, little changed from the previous day at 101.153, while the 7 day reading sits at 100.977 and the 30 day at 101.366, signaling a balanced tone with a slight tilt toward range bound behavior in the short term.
In the domestic market, the dollar is trading around the mid 26k VND per USD zone with a wide but typical spread. The US Dollar is quoted Buy 26,140 and Sell 26,520 VND per USD, a spread of 380 VND. Looking at the recent path, the previous day Sell level was 26,520, with values 7 days ago 26,490 and 30 days ago 26,454, indicating mild dong strength against the greenback over the longer horizon but with ongoing day to day volatility.
Among major pairs, the Euro is quoted Buy 29,548.68 and Sell 30,795.38 VND, with the previous day at 30,795.38, 7 days ago 30,841.25, and 30 days ago 30,744.13. The British Pound trades at Buy 34,674.74 and Sell 35,785.14, with the previous day 35,785.14, 7 days ago 35,920.72, and 30 days ago 35,282.24. Commodity and regional currencies also show notable levels: the Australian Dollar is Buy 18,143.34 and Sell 18,724.35, with previous day 18,724.35, 7 days ago 18,652.27, and 30 days ago 18,419.85, while the Canadian Dollar stands at Buy 18,376 and Sell 18,964.46, with previous day 18,964.46, 7 days ago 19,068.59, and 30 days ago 18,841.36.
The rest of the board spans Swiss Franc Buy 31,899.07 and Sell 32,920.59, Japanese Yen Buy 157.34 and Sell 166.51, Chinese Yuan Buy 3,831.32 and Sell 3,954.01, and Indian Rupee Buy 272.05 and Sell 283.75, all showing similar broader ranges when traced back over 1 day to 30 days. Other notable quotes include Korean Won Buy 17.09 and Sell 18.55, Kuwaiti Dinar Buy 85,107.62 and Sell 89,232.50, Malaysian Ringgit Buy 6,370.63 and Sell 6,509.21, Norwegian Krone Buy 2,678.77 and Sell 2,792.34, Swedish Krona Buy 2,658.04 and Sell 2,770.73, Saudi Riyal Buy 6,974.03 and Sell 7,274.15, Russian Ruble Buy 320.03 and Sell 354.26, Danish Krone Buy 3,942.52 and Sell 4,093.27, and Thai Baht Buy 764.95 and Sell 797.38.
Across the spectrum, a broad theme in the 24 hour news flow centers on the USD holding strength and the market awaiting cues from the Fed and US inflation metrics. Gold prices in local markets have been trading around 141.5 million VND per tael for SJC, highlighting the ongoing sensitivity of the gold market to USD dynamics and US policy expectations in a period of elevated volatility for global rates and risk sentiment.
