
Vietnam’s central exchange rate was set at 25,615 dong per US dollar, down 8 dong. The dollar index rose 0.72% after US employment growth exceeded forecasts and unemployment fell to 4.1%, lifting expectations of a Federal Reserve rate increase in December.
A stronger US dollar can increase the cost of dollar-denominated imports and weaken the dong. The report points to upward pressure on USD/VND and support for the dollar index.
After 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.