# Fed rate cuts to help ease forex pressure, stimulate FDI, FII: researchers

> Researchers expect the Fed's rate cuts to ease USD/VND pressure and attract more foreign direct and portfolio investment into Vietnam. The dong's depreciation against the dollar has narrowed to 1.6% from 4.9% in late May, and the note forecasts 1.3-1.7% depreciation this year.

- Date: 2024-09-20 · published 2024-09-20T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/28633-fed-rate-cuts-to-help-ease-forex-pressure-stimulate-fdi-fii-researchers
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A more stable dong and cheaper imports help Vietnamese feed and livestock buyers plan purchases. Stronger investment inflows support local demand, but the effect on global commodity prices is small.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-09-23 | [Fed interest cuts ease pressure on Vietnam forex market](https://feedsoft.ai/events/28631-fed-interest-cuts-ease-pressure-on-vietnam-forex-market.md) | -0.2% | +2.5% |
| DXY | 2023-12-01 | [Gold hits record high on bets for March start to Fed rate cuts](https://feedsoft.ai/events/32473-gold-hits-record-high-on-bets-for-march-start-to-fed-rate-cuts.md) | +0.3% | -1.5% |
| DXY | 2023-12-07 | [MIDF Research forecasts ringgit to strengthen in 2024 amid anticipated Federal Reserve rate cuts](https://feedsoft.ai/events/32993-midf-research-forecasts-ringgit-to-strengthen-in-2024-amid-anticipated-federal.md) | +0.5% | -1.0% |
| DXY | 2025-12-28 | [2026: Will the exchange rate still face pressure?](https://feedsoft.ai/events/21835-2026-will-the-exchange-rate-still-face-pressure.md) | +0.1% | -1.7% |
| DXY | 2025-02-11 | [Dollar falls as tariff concerns ease, Fed's Powell stays patient on rate cuts \| Reuters](https://feedsoft.ai/events/25966-dollar-falls-as-tariff-concerns-ease-fed-s-powell-stays-patient-on-rate-cuts.md) | -1.0% | -2.0% |

## Sources

- theinvestor.vn: https://theinvestor.vn/fed-rate-cuts-to-help-ease-forex-pressure-stimulate-fdi-fii-researchers-d12357.html

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