Vietcombank Adjusts Rates

In a recent adjustment, Vietcombank has increased its rate by 0.08%, setting the new rate at VND26,310. Meanwhile, on the black market, the US dollar saw a slight decline of 0.04%, bringing its value to VND26,420.

Global Dollar Trends

The US dollar is maintaining its strength near a three-week high against major currencies. Traders are keenly awaiting the release of U.S. inflation data, which could offer insights into future monetary policy directions, as reported by Reuters.

Investor Sentiments

Elevated Treasury yields are supporting the dollar's position. Additionally, speculation around Jerome Powell's potential departure from the Federal Reserve, amidst criticism from President Donald Trump, is influencing investor decisions.

Currency Movements

The dollar showed minimal change against the yen, standing at 147.68 yen, after reaching a peak since June 23 at 147.89 yen. The dollar index, comparing the currency against the yen and five other major rivals, is currently at 98.050, slightly below its overnight peak of 98.136, the highest since June 25.