U.S. one dollar banknotes are seen in this illustration taken Feb. 8, 2021. Photo by Reuters
The U.S. dollar fell marginally against the Vietnamese dong Thursday morning.
Vietcombank sold the greenback 0.007% lower at VND26,357.
On the black market the dollar dipped 0.46% to VND27,870.
The dollar held on to gains at the start of Asian trading on Thursday as investors sought clarity on whether a de-escalation in the U.S.-Israeli conflict with Iran was imminent and trimmed bets that the Federal Reserve’s next move may be a hike, Reuters reported.
Against the yen, the U.S. dollar was flat at 159.41, holding near its strongest levels since 2024.
The Australian dollar was down 0.1% at $0.6943, while the New Zealand dollar was steady at $0.5806.
“Markets remain decisively headline driven, with a square focus on weighing up whether recent news marks a genuine de-escalation attempt, or a precursor to a new kinetic equilibrium,” analysts from Westpac wrote in a research report.
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