# UOB: The US dollar continues to weaken, reaching 26,300 VND in Q3.

> UOB's May 2025 exchange rate strategy report forecasts the US dollar will keep weakening, with the DXY falling to 96.9 by Q1 2026. It expects EUR/USD to reach 1.17 and the dong to face downward pressure from Vietnam-US trade developments. The bank also sees the yen appreciating toward 140 per dollar.

- Date: 2025-05-13 · published 2025-05-13T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/24990-uob-the-us-dollar-continues-to-weaken-reaching-26-300-vnd-in-q3
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A forecast of persistent dollar weakness supports dollar-priced commodity demand from importers, though the dong outlook points to higher local feed import costs for Vietnam. The forecast is a view rather than a new shock.

## Read by commodity

- DXY: bearish ▼
- USDVND: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-04-14 | [Ringgit continues to strengthen vs US dollar](https://feedsoft.ai/events/36680-ringgit-continues-to-strengthen-vs-us-dollar.md) | +0.6% | +0.5% |
| DXY | 2019-11-01 | [US dollar could weaken to 85 on the dollar index: Citi](https://feedsoft.ai/events/56262-us-dollar-could-weaken-to-85-on-the-dollar-index-citi.md) | +0.2% | +0.9% |
| DXY | 2020-12-22 | [Won to continue gaining ground against dollar in 2021 - The Korea Times](https://feedsoft.ai/events/49889-won-to-continue-gaining-ground-against-dollar-in-2021-the-korea-times.md) | -0.6% | -0.1% |
| DXY | 2020-12-17 | [Ringgit to rebound as US dollar weakens](https://feedsoft.ai/events/49920-ringgit-to-rebound-as-us-dollar-weakens.md) | +0.2% | -0.2% |
| DXY | 2025-11-25 | [US dollar weakens as data backs Fed rate cut view; yen watch continues](https://feedsoft.ai/events/22145-us-dollar-weakens-as-data-backs-fed-rate-cut-view-yen-watch-continues.md) | -0.6% | -1.8% |

## Sources

- vietnam.vn: https://www.vietnam.vn/en/uob-dong-usd-tiep-tuc-suy-yeu-ty-gia-dat-26-300-dong-trong-quy-3

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.