A weakening US dollar could push prices to new lows.

Compared to the previous session, the euro exchange rate against the USD increased by 0.23% to 1.1375, the British pound exchange rate against the USD increased by 0.27% to 1.3490, while the USD exchange rate against the Japanese yen decreased by 0.3% to 143.60.

The US dollar traded sideways at the end of last week but recorded its first monthly gain against the Japanese yen this year as investors weighed the possibilities of trade tariff developments, even as President Donald Trump faced court action over the matter.

Over the past week, the US dollar has weakened amid a series of economic uncertainties in the US. The central exchange rate between the Vietnamese Dong and the US dollar today, June 2nd, is 24,970 dong. The reference exchange rate for the US dollar at the State Bank of Vietnam's exchange floor is currently 23,772 - 26,168 dong for buying and selling.

Analysts from Bank of America believe that the weakening of the USD requires even weaker US economic data. If the US economy continues to stabilize, they expect investors to ignore policy developments and return to buying US assets, supporting the USD and bringing back US exceptionalism.

However, if the US economy "hits a downturn," the dollar is likely to weaken further to new lows this year. According to a Reuters survey, more than 55% of foreign exchange strategists expressed concern about the dollar's safe-haven role, a sharp increase from the previous month.

Uncertainty regarding the Trump administration's trade and fiscal policies has undermined investor confidence in the US dollar.