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The US dollar index fell nearly 3.5% from its early October peak to its lowest level since late August. Many Vietnamese banks offered USD below 24,000 VND, while foreign investors remained net sellers of Vietnamese stocks in November.
A weaker dollar eases pressure on Asian currencies, which lowers local import costs for feed buyers and can support dollar-denominated commodity prices.
dttc.sggp.org.vnNguyên HàDec 17, 2023After 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.
Not enough comparable past events yet for a historical read.
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.
