Dollar weakens against dong, steady near one-week low against major peers

Vietcombank sold the greenback at VND24,870, down 0.2% from Thursday.

The greenback declined by 0.42% to VND25,190 on the black market.

The State Bank of Vietnam lowered its reference rate by 0.08% to VND24,202.

The dollar has increased against the dong by 1.84% since the beginning of the year.

Globally, the U.S. dollar sagged near a one-week low versus major peers on Friday with job market indicators sending mixed signals ahead of crucial monthly payrolls data later in the day that is almost certain to set the pace for Federal Reserve policy easing, Reuters reported.

The dollar index, which gauges the currency against a basket of six key counterparts, was steady at 101.03 after slipping about 0.2% overnight and touching 100.96 for the first time since Aug. 29. For the week, it has dropped close to 0.7%.

The dollar was steady at 143.25 yen after dipping to 142.855 overnight for the first time since Aug. 5, pressured by a slide in U.S. Treasury yields, with that on the 10-year note dipping to a one-month trough of 3.721%.

The euro held its ground at $1.1112, just below Thursday's one-week high of $1.11195.

A report on Thursday showed the number of Americans filing new applications for jobless benefits declined last week as layoffs remained low.

"Recent labor data has fanned fears of labor market softening (and) the August payroll report could be a 'make or break' moment," TD Securities analysts including head of global strategy Rich Kelly wrote in a report.

However, TD expects 205,000 jobs were added in August, setting up a quarter point cut this month, and triggering a dollar rebound.