USD exchange rate today 09/01/2025: USD continues to increase

USD exchange rate today in the world

The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stopped at 109.03 - up 0.34 points compared to trading on January 8, 2025.

The yield on the 10-year US Treasury note hit 4.73%, its highest level since April 25, after CNN reported that Mr. Trump was considering declaring a national economic emergency to create a legal basis for a series of general tariffs on other countries.

Investors are hoping Mr Trump's policies such as deregulation and tax cuts will boost economic growth, but there are concerns that the move could cause inflation to accelerate again.

Earlier data came from the ADP National Employment Report, which showed U.S. private payroll growth slowed sharply in December, to 122,000 from 146,000 the previous month. Economists polled by Reuters had forecast a gain of 140,000.

However, weekly initial jobless claims fell to an 11-month low of 201,000 and below the 218,000 estimate of economists polled by Reuters.

The DXY index closed the session at 109.00, after hitting a more than two-year high of 109.54 last week, while the euro fell 0.2% to $1.0318.

Markets are currently pricing in just 39 basis points of rate cuts from the Federal Reserve this year, with the first rate cut likely to come in June. Fed Governor Christopher Waller said on January 8 that inflation would continue to decline into 2025, allowing the US central bank to continue cutting rates.

The greenback held on to gains after minutes from the Fed’s December 17-18 meeting showed policymakers agreed that inflation was likely to continue to slow this year but also revealed increased risks of price pressures and the impact of Mr. Trump’s policies.

In contrast, the pound fell 0.87 percent to $1.2364 after falling to $1.2321, its lowest since April 22 and its second-lowest level of the year, as 10-year government bond yields hit a 16-year high.

Against the Japanese yen, the greenback rose 0.25% to 158.41 and moved closer to 160, a key level that would likely force Japanese authorities to intervene to support the currency.

A government survey showed Japanese consumer sentiment deteriorated in December, casting doubt on the Bank of Japan’s view that solid household spending will underpin the economy and its rationale for further interest rate hikes.

USD exchange rate today in the country

At the time of survey at 5:00 a.m. on January 9, the central exchange rate at the State Bank was currently 24,330 VND/USD, down 2 VND compared to the previous trading session.

Specifically, at Vietcombank, the USD exchange rate is 25,156 - 25,546 VND/USD, down 2 VND for buying and selling.

TPB Bank is buying USD cash at the lowest price: 1 USD = 24,390 VND

TPB Bank is buying USD transfers at the lowest price: 1 USD = 24,430 VND

Hong Leong Bank is buying USD cash at the highest price of: 1 USD = 25,265 VND

VietinBank is buying USD transfers at the highest price: 1 USD = 25,546 VND

TPB Bank is selling USD cash at the lowest price: 1 USD = 24,870 VND

HSBC Bank is selling USD transfers at the lowest price: 1 USD = 25,486 VND

ABBank, BIDV, Eximbank, GPBank, HDBank, Kien Long, LPBank, MSB, MB, OCB, OceanBank, PGBank, PublicBank, PVcomBank, Sacombank, Saigonbank, SeABank, UOB, VietABank, VietCapitalBank, Vietcombank, VRB are selling USD cash at the highest price: 1 USD = 25,546 VND

ABBank, CBBank, MSB, MB, NCB, PublicBank, Sacombank, SeABank, VietBank are selling USD transfers at the highest price: 1 USD = 25,546 VND