Euro exchange rate today 5/11/2025: Slight increase compared to USD

EUR/USD world exchange rate today 5/11/2025

EUR/USD rose to 1.1248, after falling to a three-week low around 1.12 earlier. The recovery came as the US dollar weakened slightly, as markets turned cautious ahead of key US-China trade talks scheduled for Saturday in Switzerland.

The US dollar index (DXY), which measures the greenback's strength against a basket of six major currencies, fell from a near one-month high of 100.85 to around 100.40.

The weakness reflects a lack of confidence in the substance of Washington's recent trade deals, especially as the US-China trade war remains a key risk to global economic growth.

US Commerce Secretary Howard Lutnick sounded an optimistic note, saying China was aiming to ease tensions and lower interest rates, and he said the US administration would announce more trade deals next month.

At the same time, President Trump wrote on social media that the 80% tariff on China was “reasonable”, raising speculation about the possibility of changing the tax policy depending on the progress of negotiations.

The euro also rose sharply over the weekend, despite dovish comments from the European Central Bank (ECB). ECB officials acknowledged that inflation was moving toward their 2% target, but also expressed concern about the weak economic growth outlook.

Finnish central bank governor Olli Rehn said a rate cut would be appropriate if the trend continued to be confirmed in the June forecast report.

In addition, the market is awaiting a response from the US after the European Union published a consultation paper on trade countermeasures, proposing to impose tariffs of up to 95 billion euros on US imports if negotiations do not yield positive results. This move could further strain transatlantic trade relations.

Domestic Euro exchange rate today 5/11/2025

The Euro exchange rate at the State Bank's exchange office is stable, currently at: 26,613 VND - 29,414 VND.

In the "black market", the black market Euro exchange rate as of 4:30 a.m. on May 11, 2025 was trading around 29,330 VND/EUR.

EUR exchange rates at commercial banks are as follows:

VIB Bank is buying Euro cash at the lowest price of 27,196 VND/EUR

VIB Bank is buying Euro transfers at the lowest price of 27,296 VND/EUR

SHB Bank is buying Euro cash at the highest price of 29,466 VND/EUR

SHB Bank is buying Euro transfers at the highest price of 29,466 VND/EUR

VIB Bank is selling Euro cash at the lowest price of 28,279 VND/EUR

VIB Bank is selling Euro transfers at the lowest price of 28,179 VND/EUR

OCB Bank is selling Euro cash at the highest price of 30,628 VND/EUR

OCB Bank is selling Euro transfers at the highest price of 30,528 VND/EUR