Markets.com Logo

VNDUSD

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    --$
  • Previous Close
    --$
  • 52 Week Change
    --
  • Day Range
    --
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

VNDUSD.FOREX represents the exchange rate between the Vietnamese Dong (VND) and the United States Dollar (USD) in the foreign exchange (forex) market. Trading VNDUSD involves speculating on the relative value of the two currencies, attempting to profit from fluctuations in their exchange rate. This pair is considered an exotic currency pair due to the Vietnamese Dong being a less frequently traded currency compared to major currencies like the Euro or Japanese Yen. Consequently, VNDUSD often exhibits higher volatility and wider spreads than major currency pairs, reflecting the increased risk and liquidity constraints associated with trading less common currencies.

Factors

Interest Rate Differentials: Differences in interest rates between Vietnam and the US influence capital flows and currency demand.

Economic Growth: Relative economic performance impacts investor confidence and currency valuation.

Inflation Rates: Higher inflation in one country weakens its currency against another with lower inflation.

Government Debt: High government debt can lead to currency devaluation.

Trade Balance: A trade surplus strengthens a currency, while a deficit weakens it.

Political Stability: Political uncertainty negatively affects investor sentiment and the currency.

Speculation: Market expectations and speculative trading can cause short-term price fluctuations.

People Also Watch

Latest news

Stock market news: Lululemon (LULU) Stock Shows Strong Resilience

Stock market news: Lululemon (LULU) Stock Shows Strong Resilience

Ghko B|--
BMNR shares jump 47.7%: what’s going on with Crypto firm BitMine?

BMNR shares jump 47.7%: what’s going on with Crypto firm BitMine?

Ghko B|--
Morning Note: Dollar Weakens on Debt & Tariffs; Eurozone Inflation and US Manufacturing Data in Focus

Morning Note: Dollar Weakens on Debt & Tariffs; Eurozone Inflation and US Manufacturing Data in Focus

Tommy Yap|--

Latest Education Articles

Trending stock CFD trading: how to trade Alphabet CFD on markets.com?

Trending stock CFD trading: how to trade Alphabet CFD on markets.com?

Ghko B|--
Best CFD brokers to trade Cardano CFDs: markets.com, IG, PLUS500

Best CFD brokers to trade Cardano CFDs: markets.com, IG, PLUS500

Ghko B|--
Crypto Market Today: Crypto Firm BMNR Stock Surged Over 514%

Crypto Market Today: Crypto Firm BMNR Stock Surged Over 514%

Ghko B|--