Dollar inches down against dong

The U.S. dollar experienced a slight decline against the Vietnamese dong, reaching VND26,450, according to Vietcombank. Meanwhile, the black market rate remained unchanged at VND26,110. Currency markets worldwide experienced a subdued trading session on Thursday, with the yen struggling to maintain recent gains and the dollar hovering near six-week lows.

This downward trend was driven by uncertainties surrounding a potential U.S.-Iran nuclear deal and anticipation of forthcoming U.S. employment data, as reported by Reuters. The yen remained relatively stable at 157.71 per dollar, having slightly retreated from its recent peak of 155.20 per dollar observed on Monday. However, it is still considerably away from its historic multi-decade low of approximately 164.

The euro held steady at $1.1557, while the British pound remained unchanged at $1.3469. The New Zealand dollar and Australian dollar also maintained their flat positions, closing at $0.5885 and $0.7056, respectively. The dollar index, which represents the U.S. currency's performance against six major currencies, stayed relatively unchanged at 99.65, failing to generate any significant directional movement and hovering near a six-week low.