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Vietnamese experts expect the US dollar to weaken in 2024 as the US economy achieves a soft landing and the Federal Reserve begins cutting rates, possibly as early as March. They say this would ease inflation pressure on Vietnam and stabilise the dong.
Expectations of a weaker dollar and easing dong pressure would lower local import costs for feed ingredients priced in dollars, though the outlook depends on Fed timing.
en.vietnamplus.vnVietnam+ (VietnamPlusJan 10, 2024Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.
