On the morning of January 14, the USD price recorded a week of high increase. For example, Eximbank bought at 24,240 VND and sold at 24,640 VND, an increase of 80 VND compared to the end of last week; Vietcombank bought at 24,260 VND and sold at 24,630 VND, an increase of 100 VND...
Similarly, the euro price also increased as Vietcombank bought 26,137 VND, sold 27,572 VND. Compared to the end of last week, the euro price increased 166 VND. Or the Japanese yen also increased when Vietcombank bought 163.45 VND, sold 173 VND, an increase of 26 VND after a week...
The price of USD, euro and Japanese yen all increased during the week.
The international USD price recorded a week of little change. The USD-Index stood at 102.17 points, down 0.23 points compared to the end of last week. However, if calculated from the beginning of the year until now, this index has increased by about 1%, in contrast to a decrease of more than 2% in 2023. Deutsche Bank said this was the most positive week for the USD-Index since July 2023.
According to a report released by the US Department of Labor on January 11, the US consumer price index (CPI) in December 2023 increased more strongly than economists forecast. Speaking to Reuters, Mr. Jon Maier, Chief Investment Officer of Global X, said that the stronger-than-expected increase in CPI is an important reminder of the unpredictable nature of the economic recovery and the ambiguity of macro data. The market needs to prepare for potential fluctuations as the US Federal Reserve (Fed) may maintain or increase its tight monetary policy to deal with inflationary pressures.
Some analysts also said that the possibility of the Fed cutting interest rates in the first quarter of 2024 is too optimistic when there is still no clear evidence that inflation will return to 2% and the US economy will fall into recession so that the Fed can adjust its monetary policy soon. It is likely that the first interest rate cuts will begin at the end of the second or third quarter of 2024...
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![[Photo] Binh Trieu 1 Bridge has been completed, raised by 1.1m, and will open to traffic at the end of November.](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/10/2/a6549e2a3b5848a1ba76a1ded6141fae)
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