The US dollar has progressed slightly compared to the Yen and the Euro.

USD exchange rate today May 8, 2025: the USD increased slightly compared to the Yen and the Euro while the traders awaited the result of the federal reserve policy meeting later in the session, and the uncertainty concerning the future trade negotiations continued to weigh on the feeling of the market.

USD exchange rate today 05/08/2025

At the time of the survey at 4:30 am on May 8, the central exchange rate at the State Bank was currently 24,930 VND/USD, down 8 VND compared to the negotiation session of yesterday.

More specifically, at Vietcombank, the USD exchange rate is 25,740 – 26,130 VND/USD, down 20 VND in both directions, compared to the negotiation session of yesterday.

The VIB Bank buys USD at the lowest price: 1 USD = 25,340 Vnd

The VIB Bank buys transfers in USD at the lowest price: 1 USD = 25,400 VND

The HSBC bank buys liquidity in USD at the highest price: 1 USD = 25,852 Vnd

Bank OCB buys transfers in USD at the highest price: 1 USD = 25,900 Vnd

The VIB Bank sells liquidity in USD at the lowest price: 1 USD = 25,760 VND

The VIB Bank sells transfers to USD at the lowest price: 1 USD = 25,760 VND

Vietink sells American dollars in cash at the highest price: 1 USD = 26,180 VND

The NCB Bank sells transfers to USD at the highest price: 1 USD = 26,176 VND

On the “black market”, the USD exchange rate of the black market at 4:30 am on May 8, 2025 decreased by 4 VND in both directions compared to yesterday’s negotiation session, exchanging around 26,395 – 26,495 VND/USD.

US dollar exchange rate today, May 8, 2025, on the world market

The dollar index (Dxy), which measures the USD compared to six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stopped at 99.41 – up 0.18 points compared to May 7, 2025.

The Fed should maintain its unchanged interest rates, investors focusing on any index concerning rate prospects, while American customs tariffs add to economic uncertainty, Reuters reported. “We are still in a negotiation range with the fluctuating dollar, even if we negotiate a little stronger today and that part of the weakness compared to Asian currencies earlier in the week has mitigated a little,” said Marvin Loh, the main strategist of the world market at State Street in Boston.

“I do not see the Fed of today as an event that could break this trend because we are always in an extreme uncertainty period when we are waiting for the end of this 90 -day break (price) and potential agreements and a wider understanding of how far the Trump administration wants to push China,” added Loh.

The American secretary of the Treasury Scott Bessent and the commercial negotiator Jamieson Greer will meet the “economic tsar” of China, He Lifeng, in Switzerland this weekend for interviews.

At the same time, a successful auction of reference bonds at 10 years has shown that demand for treasury bills remained intact after a trade war has shaken the confidence of investors in American assets.

“Uncertainty around the inflationary impact of customs prices and the longer term impact of the increase in inflation anticipations have forced the FOMC to discourage traders from assuming that there will be to come down to come to come,” said Thierry Wizman Global change and Interest Rate Stratege at Macquarie.

The greenback increased by 0.69% against Yen to 143.335, ending a three -day sequence of losses, the Japanese markets reopened after two days of vacation. The greenback lost ground and dropped 0.04% against the Swiss franc at 0.82190. On Monday, he reached his lowest level since January 2015 at 0.8032.

The president of the Swiss National Bank, Martin Schlegel, said that the bank was ready to intervene in the foreign exchange markets and to reduce interest rates below zero to prevent inflation from falling below its price for price stability.

The euro dropped by 0.07% to $ 1,135,850, after increasing 0.48% the day before.

The Taiwanese dollar has jumped against the greenback since the April 2 announcement by Mr. Trump to impose large -scale customs tariffs on its business partners.

Won reached its highest level in six months at the opening on Wednesday, but then dropped by 1.1 %. The Chinese yuan was weakened by 0.07% against the greenback at 7.216 for a dollar while China announced a long -awaited drop in interest rates.