# Foreign exchange rate 10/28: Positive news continuously released, USD prices drop

> Vietnamese dong and dollar rates were reported on October 28, with the USD slightly weaker against major currencies and the DXY at 93.127. Strong Chinese industrial profits and Korean growth data supported sentiment.

- Date: 2020-10-28 · published 2020-10-28T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/50910-foreign-exchange-rate-10-28-positive-news-continuously-released-usd-prices-drop
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Routine currency moves with a softer dollar can modestly support dollar-denominated commodity demand, but no new driver is evident.

## Read by commodity

- DXY: bearish ▼

## Sources

- news.laodong.vn: https://news.laodong.vn/kinh-doanh/ty-gia-ngoai-te-2810-tin-tich-cuc-lien-tiep-tung-ra-gia-usd-rot-849360.ldo

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