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Vietcombank Securities said depreciation pressure on the Vietnamese dong is likely to ease after a roughly 4.6% fall since the end of 2023. The brokerage expects the DXY to hover near current levels after a 5% rise following the Fed's 25-basis-point cut on November 7.
A moderating dollar outlook reduces near-term pressure on Vietnamese feed import costs, though the currency remains a key variable for buyers in the region.
theinvestor.vnQuang MinhNov 12, 2024Not enough comparable past events yet for a historical read.
After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% 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.
