# Foreign exchange rate 22.9: Fed cuts interest rates, USD increases, should we sell for profit?

> The US dollar index rose after the Federal Reserve cut interest rates, and the State Bank of Vietnam's central rate was 23,142 VND per USD on September 22. Commercial bank quotes moved by only about 10 dong.

- Date: 2019-09-21 · published 2019-09-21T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/57358-foreign-exchange-rate-22-9-fed-cuts-interest-rates-usd-increases-should-we-sell
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A firmer dollar after the Fed cut raises the local-currency cost of dollar-priced feed imports at the margin. The move is small and mostly reflects routine currency trading.

## Read by commodity

- DXY: bullish ▲
- USDVND: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-03-20 | [EUR/USD weakens as Fed sees no rush for interest rate cuts](https://feedsoft.ai/events/25794-eur-usd-weakens-as-fed-sees-no-rush-for-interest-rate-cuts.md) | +0.3% | -2.0% |
| DXY | 2024-12-23 | [Fed’s foreseen rate cuts affect foreign exchange rate](https://feedsoft.ai/events/27264-fed-s-foreseen-rate-cuts-affect-foreign-exchange-rate.md) | +0.7% | +0.3% |
| DXY | 2025-02-28 | [Tariff Threats and Korean Interest Rate Cut... KRW-USD Exchange Rate Rises Above 1450 Won for the First Time in Two Weeks](https://feedsoft.ai/events/26302-tariff-threats-and-korean-interest-rate-cut-krw-usd-exchange-rate-rises-above.md) | -1.5% | -1.3% |
| DXY | 2022-11-04 | [Fed raises interest rates, USD price skyrockets, gold price plummets](https://feedsoft.ai/events/38983-fed-raises-interest-rates-usd-price-skyrockets-gold-price-plummets.md) | -2.7% | -4.3% |
| DXY | 2024-02-20 | [Foreign exchange rate forecast to be under control in 2024](https://feedsoft.ai/events/31997-foreign-exchange-rate-forecast-to-be-under-control-in-2024.md) | -0.1% | -0.5% |

## Sources

- news.laodong.vn: https://news.laodong.vn/kinh-doanh/ty-gia-ngoai-te-229-fed-ha-lai-suat-usd-vut-tang-co-nen-ban-chot-loi-755966.ldo

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