Foreign exchange prices on July 10, 2025: USD slightly decreased, Index stopped at 97.49

Exchange rate on the world market

The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stopped at 97.49 - down 0.03% compared to July 9, 2025.

Illustration photo. (Photo source: Internet)

The US dollar traded near a two-and-a-half week high against major currencies on Wednesday, largely due to the spillover effects of US President Donald Trump's new tariff policies.

Meanwhile, copper hit a record high overnight after US President Donald Trump widened the global trade war by threatening to impose a 50% tariff on copper. Trump also announced new tariffs on semiconductors and pharmaceuticals, putting Wall Street under pressure on Tuesday, with futures pointing to continued weakness into Wednesday.

While the harsh tariff policy has caused uncertainty, the market seems to have started to adapt to the US negotiating "tactics" of playing "deadlines", such as the August 1 deadline for applying new tariffs. This has helped to reduce the initial shock reaction. Analysts say the USD is supported not only by its real strength but also by its status as a "safe haven" currency amid geopolitical tensions.

“The delay of tariffs on some of America’s major trading partners to August 1st is both a way of ‘kicking the ball forward’ and also reinforces the view that higher tariffs are really just negotiating leverage,” said Kyle Rodda, senior financial markets analyst at Capital.com. “As a result, the market is hanging in the balance, waiting for a clearer catalyst to determine the next direction,” he added.

President Trump also said on Tuesday that trade talks with the European Union and China were going well, although he stressed that he was just days away from sending formal tariff letters to the EU.

Since Trump announced his retaliatory tariffs on April 2, dubbed “Trade Liberation Day,” the US has only reached two trade deals, one with the UK and one with Vietnam. In June, Washington and Beijing agreed on a common framework for tariffs, marking a cautious step forward between the world’s two largest economies .

The dollar hit its highest level since June 20, trading at 147.02 yen.

Meanwhile, the EUR was steady at $1.1720.

The pound was flat around $1.3585.

Domestic USD exchange rate

In the domestic market, at the beginning of the trading session on July 10, the State Bank announced the central exchange rate of the Vietnamese Dong against the USD at 25,119 VND.

The reference USD exchange rate at the State Bank's buying and selling exchange center has decreased, currently at: 23,914 VND - 26,324 VND.

Specifically, at Vietcombank, the USD exchange rate is 25,930 - 26,320 VND/USD, an increase of 15 VND in both directions, compared to yesterday's trading session.

NCB Bank is buying USD cash at the lowest price: 1 USD = 25,775 VND

VietinBank is buying USD transfers at the lowest price: 1 USD = 25,780 VND

HSBC Bank is buying USD cash at the highest price: 1 USD = 26,012 VND

HSBC Bank is buying USD transfers at the highest price: 1 USD = 26,012 VND

HSBC Bank is selling USD cash at the lowest price: 1 USD = 26,248 VND

HSBC Bank is selling USD transfers at the lowest price: 1 USD = 26,248 VND

Saigonbank and VietABank are selling USD cash at the highest price: 1 USD = 26,370 VND

SCB Bank is selling USD transfers at the highest price: 1 USD = 26,360 VND

The EUR exchange rate at the State Bank's buying and selling exchange increased, currently at: 27,967 VND - 30,911 VND.

The Japanese Yen exchange rate at the State Bank's buying and selling exchange center has decreased, currently at: 162 VND - 179 VND.

Source: https://doanhnghiepvn.vn/kinh-te/gia-ngoai-te-ngay-10-7-2025-usd-giam-nhe-index-dung-o-muc-97-49/20250710083127715