Dollar edges down against dong VNEXPRESS

The U.S. dollar fell marginally against the Vietnamese dong Thursday morning.

Vietcombank sold the greenback 0.007% lower at VND26,357.

On the black market the dollar dipped 0.46% to VND27,870.

The dollar held on to gains at the start of Asian trading on Thursday as investors sought clarity on whether a de-escalation in the U.S.-Israeli conflict with Iran was imminent and trimmed bets that the Federal Reserve’s next move may be a hike, Reuters reported.

Against the yen, the U.S. dollar was flat at 159.41, holding near its strongest levels since 2024.

The Australian dollar was down 0.1% at $0.6943, while the New Zealand dollar was steady at $0.5806.

“Markets remain decisively headline driven, with a square focus on weighing up whether recent news marks a genuine de-escalation attempt, or a precursor to a new kinetic equilibrium,” analysts from Westpac wrote in a research report.

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