Foreign exchange rate on January 7: USD decreased, pound increased
Changes in the market made the exchange rate change in the first trading session of this week. USD index decreased by 0.11% when the British pound increased higher thanks to positive economic signals.
Today's trading session on January 7 recorded that the exchange rate in the country did not change much. Big banks kept their listing rates or the changes were not too large compared to the last trading session last week. Specifically, the exchange rate of Dong A bank listed at the buying price is 23,160 dong and the selling side is 23,230 dong. Foreign exchange rate Techcombank is currently buying cash at VND 23,135 and selling at VND 23,245. Vietcombank's exchange rate did not have any significant breakthrough when trading at VND 23,155 for the afternoon of buying and VND 23,245 for selling.
Besides, the world market in this morning's trading session (in Vietnam time) also saw remarkable changes. After disappointing Eurozone data, the Euro exchange rate was not very positive. Meanwhile, the British pound has a chance to increase when the service sector accelerates in December. Currently, the British pound is up 0.44% and stands at 1.2686. read more giá vàng
Although the US situation has made some significant improvements such as: creating 312,000 more jobs. However, this still could not make the USD exchange rate chart increase but even showed signs of falling sharply. Especially when the US stock market has not shown signs of "recovery". The Dow Jones industrial index fell 5.6% overall in 2018, S&P 500 lost 6.2% and the Nasdaq technology index fell 4%.
Currently, investors are still waiting on the Fed's decision to raise interest rates in 2019. Therefore, although there are signs of economic and political disadvantages, but the hope that investors put in the Fed can still make the dollar is considered as one of the safe investment channels. in this time. Especially when the situation of large countries in the world such as China, England or Europe region is experiencing a decline in economic indicators, the US is still considered a great power that has "good health", at least in the current period.
In the next few days, the results of the discussion between Federal Reserve Chairman Jerome Powell and former Fed Chairmen Janet Yellen and Ben Bernanke will contribute significantly to the exchange rate situation in the market. school. read more
