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The Vietnamese dong weakened against the dollar as the dollar index hovered near a one-month high ahead of the Federal Reserve decision. The State Bank of Vietnam held its reference rate at a record VND25,293.
Middle East tensions supported safe-haven demand for the dollar.
A firmer dollar raises the local-currency cost of dollar-priced feed imports in Vietnam, which can weigh on demand for corn, soymeal and other feed ingredients there.
briefasia.comCheng Wei-LunJul 29, 2026After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
