Dollar in a nosedive: Drastic decline despite bond stability!

Dollar in a nosedive: Drastic decline despite bond stability!

On May 23, 2025, the US dollar's downward trend continues, even in the face of some stabilization in US bond and stock markets. Loud vietnam.vn The USD continues to lose value while the British pound hits a three-year high against the dollar. The exchange rate for the USD at 4:30 a.m. on May 24, 2025 also shows mixed movements: the central rate of the State Bank is 24,960 VND/USD, an increase of 5 VND, while the Vietcombank is quoted with a decrease of 20 VND to 25,740 - 26,130 VND/USD.

VIB Bank also offers different exchange rates: 25,340 VND/USD for USD cash and 25,400 VND/USD for USD transfers. HSBC buys cash and remittances at 25,856 VND/USD, while other banks such as Eximbank and Saigonbank sell USD cash at 26,200 VND/USD. However, the black market shows an exchange rate between 26,230 and 26,350 VND/USD, a decrease of 56 VND.

Decrease in the dollar index

The Congressional Budget Office (CBO) reports that one in every eight dollars is spent on interest on debt, highlighting the challenge of the current economic climate. Still, comments from Federal Reserve Governor Christopher Waller could contribute to bond market stability. Positive economic data for May and stable unemployment figures could also contribute to market stability.

Market analysis and risks

The USD index hits a nearly two-week low just before Memorial Day weekend. Trading financial instruments and cryptocurrencies involves significant risks, which are highlighted in analyzes by investing.com is pointed out. There is a possible risk of total or partial loss of invested capital and prices may be subject to fluctuations which may be aggravated by external influences such as political and regulatory events.

Experts advise investors to obtain comprehensive information about the risks in trading and, if necessary, seek advice from independent and knowledgeable people. Please note that the information on the website may not be real-time or completely accurate. Anyone engaging in trading should be particularly careful and aware of the risks associated with margin trading.