Global USD Weakens Morning of 26/8: Opportunities for Emerging Markets and Vietnamese Stocks

Greenback Loses Momentum Against Major Currencies

This morning (August 26, 2025), global USD exchange rates continue showing cooling signs, with the USD weakening against major currencies like EUR, JPY, CNY. From my currency market analysis experience that Bob Volman taught me, USD adjustments like this often create interesting investment opportunities across various markets.

Deep Causes from Fed Policy

The main reason remains expectations that the Fed will loosen monetary policy in September, with US inflation declining slightly and major central banks collectively maintaining low interest rates. According to the Price Action method Al Brooks taught, when interest rate expectations change, currency markets usually react before official decisions.

Positive Impact on Vietnamese Market

In Vietnam, the USD/VND exchange rate also declined slightly thanks to the State Bank selling forward USD to intervene, helping stabilize the foreign exchange market. This is quite a smart move from the State Bank - instead of letting exchange rates fluctuate strongly, they proactively intervened to create stability. With the TramNgo FX-Crypto Community, we see this as a positive sign for the domestic economy.

Vietnamese Stocks Receive Support

USD weakening has contributed to partial recovery support for Vietnam's stock market. This is understandable because when exchange rate pressure decreases, foreign investors will be less concerned about foreign exchange risks when investing in the domestic market. VN-Index could benefit from this trend.

Capital Returns to Asia