USD exchange rate increased, Euro decreased on January 21
Positive news from US-China relations and changes in the market helped stabilize the USD exchange rate and quickly recover in morning trading today.
Currently, the USD exchange rate against a greenback basket in the market is regaining its attractiveness when standing at a high level. This is the result of positive signals from the US, China and the economic situation in the world.
Accordingly, the latest information from China said the country is expected to import US goods worth about $ 1,000 billion, as of 2024. This is a move that shows that the country is aiming for weight. by trade balance with the US. By earlier, Chinese statistics showed that the country had a trade deficit of about 323 billion USD. This is just the information suggested from China, and whether or not it actually happens is still not certain. However, it also attracts the attention of investors in the dollar more and more. Therefore, the USD exchange rate chart has increased faster and more stable.
In particular, according to the recent statistical report, the US consumer confidence index decreased from 98.3 to 90.7 - by January 2019. This is considered the lowest measurement level since October 2016. However, this still does not affect much to the economy of this country. Typically, industrial production in December 2018 increased by 0.3%.
Currently, the exchange rate of USD against other currencies in the market is changing quite significantly. If you compare this greenback with other currencies in the market, it is standing at USD / JPY up 0.46% to 109.74. Besides, the USD / GBP exchange rate has dropped by 0.75% to USD 1,2887. At the same time, the Euro and the British pound are in decline before the Brexit situation so it creates favorable conditions for the dollar to rise. read more
The situation of domestic foreign exchange rate is currently changing in the downward trend. Specifically, Vietcombank exchange rate is listed at VND 23,155 in the afternoon of buying cash and VND 23,345 for selling. The exchange rate of Eximbank stood at 23,140 VND for the afternoon of buying way of 23,340 VND. SCB exchange rate today listed at the lowest buying level when standing at VND 23,065 and selling at the highest price of VND 23,265.
