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The US Federal Reserve raised rates for the fourth time in 2018 to 2.25-2.5 percent and projected two more hikes in 2019. Vietnamese economists expect higher dollar rates to draw dollars offshore and weaken the dong.
A firmer dollar raises the local-currency cost of dollar-priced feed imports into Vietnam, a modest headwind for buyers there.
e.vnexpress.netDat NguyenDec 23, 2018After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
