Sat. PM Seeds of Wisdom RV/GCR Update(s) 8-10-24

DOLLAR SLIPS AGAINST DONG “The U.S. dollar weakened against Vietnamese dong both at banks and unofficial exchange points Friday morning.  Vietcombank sold the greenback at VND25,280, down 0.16% from Thursday.” “The dollar has increased against the dong by 3.52% since the beginning of the year. Globally, the dollar hovered close to a one-week high against major rivals on Friday, after the biggest drop in U.S. jobless claims in close to a year allayed fears of a looming economic downturn, Reuters reported.” “The U.S. currency extended gains against the Japanese yen to a fourth day, buoyed by a spike in Treasury yields following…