{"id":77060,"date":"2026-05-04T08:54:48","date_gmt":"2026-05-04T01:54:48","guid":{"rendered":"https:\/\/hbbgroup.net\/us-dollar-index-rebounds-from-two-week-lows-as-as-tariff-tensions-resurface\/"},"modified":"2026-05-04T09:07:52","modified_gmt":"2026-05-04T02:07:52","slug":"chi-so-do-la-my-dxy-phuc-hoi-tu-muc-thap-nhat-hai-tuan-khi-cang-thang-thue-quan-quay-tro-lai","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/chi-so-do-la-my-dxy-phuc-hoi-tu-muc-thap-nhat-hai-tuan-khi-cang-thang-thue-quan-quay-tro-lai\/","title":{"rendered":"Ch\u1ec9 s\u1ed1 \u0110\u00f4 la M\u1ef9 (DXY) ph\u1ee5c h\u1ed3i t\u1eeb m\u1ee9c th\u1ea5p nh\u1ea5t hai tu\u1ea7n khi c\u0103ng th\u1eb3ng thu\u1ebf quan quay tr\u1edf l\u1ea1i."},"content":{"rendered":"
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Ch\u1ec9 s\u1ed1 \u0110\u00f4 la M\u1ef9 (DXY), th\u01b0\u1edbc \u0111o gi\u00e1 tr\u1ecb c\u1ee7a \u0111\u1ed3ng USD so v\u1edbi r\u1ed5 s\u00e1u \u0111\u1ed3ng ti\u1ec1n ch\u1ee7 ch\u1ed1t, \u0111\u00e3 t\u0103ng tr\u1edf l\u1ea1i trong phi\u00ean th\u1ee9 S\u00e1u sau giai \u0111o\u1ea1n suy y\u1ebfu tr\u01b0\u1edbc \u0111\u00f3, d\u00f9 v\u1eabn \u0111ang tr\u00ean \u0111\u00e0 k\u1ebft th\u00fac tu\u1ea7n trong s\u1eafc \u0111\u1ecf.<\/p>\n

\u0110\u00e2y l\u00e0 m\u1ed9t tu\u1ea7n \u0111\u1ea7y bi\u1ebfn \u0111\u1ed9ng \u0111\u1ed1i v\u1edbi \u0111\u1ed3ng USD, khi di\u1ec5n bi\u1ebfn gi\u00e1 b\u1ecb chi ph\u1ed1i b\u1edfi nghi v\u1ea5n can thi\u1ec7p c\u1ee7a gi\u1edbi ch\u1ee9c Nh\u1eadt B\u1ea3n, c\u0103ng th\u1eb3ng leo thang t\u1ea1i Trung \u0110\u00f4ng v\u00e0 nh\u1eefng lo ng\u1ea1i m\u1edbi v\u1ec1 th\u01b0\u01a1ng m\u1ea1i. T\u1ea1i th\u1eddi \u0111i\u1ec3m vi\u1ebft b\u00e0i, DXY giao d\u1ecbch quanh m\u1ee9c 98.21, ph\u1ee5c h\u1ed3i t\u1eeb \u0111\u00e1y th\u1ea5p nh\u1ea5t hai tu\u1ea7n l\u00e0 97.72 \u0111\u01b0\u1ee3c thi\u1ebft l\u1eadp tr\u01b0\u1edbc \u0111\u00f3 trong ng\u00e0y.<\/p>\n

C\u0103ng th\u1eb3ng th\u01b0\u01a1ng m\u1ea1i quay tr\u1edf l\u1ea1i sau khi T\u1ed5ng th\u1ed1ng M\u1ef9 Donald Trump \u0111e d\u1ecda n\u00e2ng thu\u1ebf nh\u1eadp kh\u1ea9u \u00f4 t\u00f4 ch\u00e2u \u00c2u l\u00ean t\u1edbi 25%, l\u00e0m lu m\u1edd t\u00e2m l\u00fd t\u00edch c\u1ef1c tr\u01b0\u1edbc \u0111\u00f3 sau th\u00f4ng tin Iran \u0111\u00e3 g\u1eedi \u0111\u1ec1 xu\u1ea5t m\u1edbi th\u00f4ng qua c\u00e1c b\u00ean trung gian Pakistan nh\u1eb1m ch\u1ea5m d\u1ee9t chi\u1ebfn tranh. D\u00f9 \u0111\u1ec1 xu\u1ea5t n\u00e0y l\u00e0m d\u1ea5y l\u00ean hy v\u1ecdng r\u1eb1ng c\u00e1c cu\u1ed9c \u0111\u00e0m ph\u00e1n c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c n\u1ed1i l\u1ea1i, c\u0103ng th\u1eb3ng v\u1eabn \u1edf m\u1ee9c cao do b\u1ea5t \u0111\u1ed3ng li\u00ean quan \u0111\u1ebfn ch\u01b0\u01a1ng tr\u00ecnh h\u1ea1t nh\u00e2n c\u1ee7a Iran.<\/p>\n

Trong b\u1ed1i c\u1ea3nh \u0111\u00f3, c\u00f9ng v\u1edbi c\u00e1c m\u1ed1i \u0111e d\u1ecda th\u01b0\u01a1ng m\u1ea1i m\u1edbi, \u0111\u1ed3ng USD nhi\u1ec1u kh\u1ea3 n\u0103ng v\u1eabn s\u1ebd \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 trong ng\u1eafn h\u1ea1n, m\u1eb7c d\u00f9 tri\u1ec3n v\u1ecdng k\u1ef9 thu\u1eadt v\u1eabn c\u00f2n kh\u00e1 y\u1ebfu.<\/p>\n

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Tr\u00ean bi\u1ec3u \u0111\u1ed3 ng\u00e0y, ch\u1ec9 s\u1ed1 Dollar Index v\u1eabn duy tr\u00ec xu h\u01b0\u1edbng gi\u1ea3m trong ng\u1eafn h\u1ea1n khi giao d\u1ecbch d\u01b0\u1edbi c\u00e1c \u0111\u01b0\u1eddng trung b\u00ecnh \u0111\u1ed9ng quan tr\u1ecdng. \u0110\u01b0\u1eddng SMA 100 ng\u00e0y t\u1ea1i 98.47, SMA 200 ng\u00e0y t\u1ea1i 98.56 v\u00e0 SMA 50 ng\u00e0y quanh 98.98 \u0111ang t\u1ea1o th\u00e0nh m\u1ed9t v\u00f9ng kh\u00e1ng c\u1ef1 ch\u1ed3ng l\u1edbp ph\u00eda tr\u00ean, ti\u1ebfp t\u1ee5c h\u1ea1n ch\u1ebf c\u00e1c n\u1ed7 l\u1ef1c ph\u1ee5c h\u1ed3i c\u1ee7a gi\u00e1.<\/p>\n

C\u00e1c ch\u1ec9 b\u00e1o \u0111\u1ed9ng l\u01b0\u1ee3ng hi\u1ec7n cho t\u00edn hi\u1ec7u y\u1ebfu nh\u01b0ng ch\u01b0a r\u01a1i v\u00e0o tr\u1ea1ng th\u00e1i b\u00e1n qu\u00e1 m\u1ee9c. Ch\u1ec9 s\u1ed1 RSI dao \u0111\u1ed9ng quanh v\u00f9ng th\u1ea5p 40, trong khi MACD v\u1eabn nghi\u00eang nh\u1eb9 v\u1ec1 ti\u00eau c\u1ef1c, cho th\u1ea5y \u00e1p l\u1ef1c gi\u1ea3m v\u1eabn c\u00f2n t\u1ed3n t\u1ea1i nh\u01b0ng ch\u01b0a xu\u1ea5t hi\u1ec7n t\u00edn hi\u1ec7u qu\u00e1 b\u00e1n r\u00f5 r\u00e0ng.<\/p>\n

\u1ede chi\u1ec1u gi\u1ea3m, v\u00f9ng h\u1ed7 tr\u1ee3 \u0111\u1ea7u ti\u00ean n\u1eb1m quanh m\u1ed1c 98.00 \u2014 n\u01a1i l\u1ef1c mua tr\u01b0\u1edbc \u0111\u00f3 t\u1eebng xu\u1ea5t hi\u1ec7n \u0111\u1ec3 gi\u00fap gi\u00e1 \u1ed5n \u0111\u1ecbnh tr\u1edf l\u1ea1i. Trong khi \u0111\u00f3, \u0111\u1ec3 ph\u1ee5c h\u1ed3i, DXY tr\u01b0\u1edbc ti\u00ean c\u1ea7n v\u01b0\u1ee3t l\u1ea1i \u0111\u01b0\u1eddng SMA 100 ng\u00e0y t\u1ea1i 98.47, sau \u0111\u00f3 l\u00e0 SMA 200 ng\u00e0y t\u1ea1i 98.56, v\u1ed1n n\u1eb1m trong v\u00f9ng kh\u00e1ng c\u1ef1 kh\u00e1 d\u00e0y \u0111\u1eb7c. Xa h\u01a1n, SMA 50 ng\u00e0y quanh 98.98 s\u1ebd l\u00e0 r\u00e0o c\u1ea3n l\u1edbn h\u01a1n c\u1ea7n \u0111\u01b0\u1ee3c chinh ph\u1ee5c \u0111\u1ec3 l\u00e0m suy y\u1ebfu xu h\u01b0\u1edbng gi\u1ea3m hi\u1ec7n t\u1ea1i.<\/p>\n

(Ph\u1ea7n ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt c\u1ee7a b\u00e0i vi\u1ebft n\u00e0y \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 b\u1edfi c\u00f4ng c\u1ee5 AI.)<\/p>\n

C\u00e2u h\u1ecfi th\u01b0\u1eddng g\u1eb7p v\u1ec1 \u0111\u1ed3ng \u0110\u00f4 la M\u1ef9 (USD)<\/h3>\n

\u0110\u00f4 la M\u1ef9 (USD) l\u00e0 \u0111\u1ed3ng ti\u1ec1n ch\u00ednh th\u1ee9c c\u1ee7a United States v\u00e0 c\u0169ng l\u00e0 \u0111\u1ed3ng ti\u1ec1n \u201cth\u1ef1c t\u1ebf\u201d \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng song song v\u1edbi n\u1ed9i t\u1ec7 t\u1ea1i nhi\u1ec1u qu\u1ed1c gia kh\u00e1c. \u0110\u00e2y l\u00e0 \u0111\u1ed3ng ti\u1ec1n \u0111\u01b0\u1ee3c giao d\u1ecbch nhi\u1ec1u nh\u1ea5t th\u1ebf gi\u1edbi, chi\u1ebfm h\u01a1n 88% t\u1ed5ng kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch ngo\u1ea1i h\u1ed1i to\u00e0n c\u1ea7u, t\u01b0\u01a1ng \u0111\u01b0\u01a1ng trung b\u00ecnh 6.6 ngh\u00ecn t\u1ef7 USD giao d\u1ecbch m\u1ed7i ng\u00e0y theo d\u1eef li\u1ec7u n\u0103m 2022. Sau World War II, USD \u0111\u00e3 thay th\u1ebf \u0111\u1ed3ng B\u1ea3ng Anh \u0111\u1ec3 tr\u1edf th\u00e0nh \u0111\u1ed3ng ti\u1ec1n d\u1ef1 tr\u1eef to\u00e0n c\u1ea7u. Trong ph\u1ea7n l\u1edbn l\u1ecbch s\u1eed, USD \u0111\u01b0\u1ee3c b\u1ea3o ch\u1ee9ng b\u1eb1ng v\u00e0ng cho \u0111\u1ebfn khi Bretton Woods Agreement ch\u1ea5m d\u1ee9t ch\u1ebf \u0111\u1ed9 b\u1ea3n v\u1ecb v\u00e0ng v\u00e0o n\u0103m 1971.<\/p>\n

Y\u1ebfu t\u1ed1 quan tr\u1ecdng nh\u1ea5t \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn gi\u00e1 tr\u1ecb USD l\u00e0 ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 c\u1ee7a Federal Reserve (Fed). Fed c\u00f3 hai m\u1ee5c ti\u00eau ch\u00ednh: duy tr\u00ec \u1ed5n \u0111\u1ecbnh gi\u00e1 c\u1ea3 (ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t) v\u00e0 th\u00fac \u0111\u1ea9y vi\u1ec7c l\u00e0m t\u1ed1i \u0111a. C\u00f4ng c\u1ee5 ch\u1ee7 y\u1ebfu \u0111\u1ec3 \u0111\u1ea1t \u0111\u01b0\u1ee3c hai m\u1ee5c ti\u00eau n\u00e0y l\u00e0 \u0111i\u1ec1u ch\u1ec9nh l\u00e3i su\u1ea5t. Khi l\u1ea1m ph\u00e1t t\u0103ng qu\u00e1 nhanh v\u00e0 v\u01b0\u1ee3t m\u1ee5c ti\u00eau 2% c\u1ee7a Fed, c\u01a1 quan n\u00e0y s\u1ebd t\u0103ng l\u00e3i su\u1ea5t, \u0111i\u1ec1u th\u01b0\u1eddng h\u1ed7 tr\u1ee3 USD m\u1ea1nh l\u00ean. Ng\u01b0\u1ee3c l\u1ea1i, khi l\u1ea1m ph\u00e1t xu\u1ed1ng th\u1ea5p ho\u1eb7c t\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p qu\u00e1 cao, Fed c\u00f3 th\u1ec3 c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t, g\u00e2y \u00e1p l\u1ef1c gi\u1ea3m l\u00ean \u0111\u1ed3ng USD.<\/p>\n

Trong nh\u1eefng t\u00ecnh hu\u1ed1ng \u0111\u1eb7c bi\u1ec7t, Fed c\u0169ng c\u00f3 th\u1ec3 in th\u00eam ti\u1ec1n v\u00e0 tri\u1ec3n khai ch\u00ednh s\u00e1ch n\u1edbi l\u1ecfng \u0111\u1ecbnh l\u01b0\u1ee3ng (QE). QE l\u00e0 qu\u00e1 tr\u00ecnh Fed t\u0103ng m\u1ea1nh d\u00f2ng t\u00edn d\u1ee5ng v\u00e0o h\u1ec7 th\u1ed1ng t\u00e0i ch\u00ednh khi th\u1ecb tr\u01b0\u1eddng b\u1ecb \u0111\u00ecnh tr\u1ec7. \u0110\u00e2y l\u00e0 bi\u1ec7n ph\u00e1p phi truy\u1ec1n th\u1ed1ng \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng khi c\u00e1c ng\u00e2n h\u00e0ng ng\u1eebng cho nhau vay do lo ng\u1ea1i r\u1ee7i ro v\u1ee1 n\u1ee3 \u0111\u1ed1i t\u00e1c. QE t\u1eebng l\u00e0 c\u00f4ng c\u1ee5 ch\u1ee7 l\u1ef1c c\u1ee7a Fed \u0111\u1ec3 \u0111\u1ed1i ph\u00f3 v\u1edbi cu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh to\u00e0n c\u1ea7u n\u0103m 2008. Khi th\u1ef1c hi\u1ec7n QE, Fed s\u1ebd in th\u00eam USD v\u00e0 d\u00f9ng s\u1ed1 ti\u1ec1n \u0111\u00f3 \u0111\u1ec3 mua tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 M\u1ef9, ch\u1ee7 y\u1ebfu t\u1eeb c\u00e1c t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh. QE th\u01b0\u1eddng khi\u1ebfn USD suy y\u1ebfu.<\/p>\n

Ng\u01b0\u1ee3c l\u1ea1i, th\u1eaft ch\u1eb7t \u0111\u1ecbnh l\u01b0\u1ee3ng (QT) l\u00e0 qu\u00e1 tr\u00ecnh Fed ng\u1eebng mua tr\u00e1i phi\u1ebfu t\u1eeb c\u00e1c t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh v\u00e0 kh\u00f4ng t\u00e1i \u0111\u1ea7u t\u01b0 s\u1ed1 ti\u1ec1n g\u1ed1c t\u1eeb c\u00e1c tr\u00e1i phi\u1ebfu \u0111\u00e1o h\u1ea1n. Ch\u00ednh s\u00e1ch QT th\u01b0\u1eddng mang t\u00e1c \u0111\u1ed9ng t\u00edch c\u1ef1c \u0111\u1ed1i v\u1edbi \u0111\u1ed3ng USD.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Ch\u1ec9 s\u1ed1 \u0110\u00f4 la M\u1ef9 (DXY), th\u01b0\u1edbc \u0111o gi\u00e1 tr\u1ecb c\u1ee7a \u0111\u1ed3ng USD so v\u1edbi r\u1ed5 s\u00e1u \u0111\u1ed3ng ti\u1ec1n ch\u1ee7 […]<\/p>","protected":false},"author":5,"featured_media":77061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[222],"tags":[],"class_list":["post-77060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ngoai-hoi"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/77060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=77060"}],"version-history":[{"count":1,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/77060\/revisions"}],"predecessor-version":[{"id":77096,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/77060\/revisions\/77096"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/77061"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=77060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=77060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=77060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}