{"id":9722,"date":"2025-05-09T14:35:21","date_gmt":"2025-05-09T07:35:21","guid":{"rendered":"https:\/\/mb668s.com:8443\/cam-nang-7mb66-xoc-dia\/?p=9722"},"modified":"2025-05-09T14:36:05","modified_gmt":"2025-05-09T07:36:05","slug":"dxy-la-gi","status":"publish","type":"post","link":"https:\/\/mb668s.com\/cam-nang-7mb66-xoc-dia\/kien-thuc-kinh-te\/dxy-la-gi","title":{"rendered":"DXY l\u00e0 g\u00ec? H\u01b0\u1edbng d\u1eabn theo d\u00f5i v\u00e0 s\u1eed d\u1ee5ng ch\u1ec9 s\u1ed1 DXY"},"content":{"rendered":"\n

Khi th\u1ecb tr\u01b0\u1eddng ti\u1ec1n t\u1ec7 li\u00ean t\u1ee5c bi\u1ebfn \u0111\u1ed9ng v\u00e0 gi\u00e1 tr\u1ecb \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 thay \u0111\u1ed5i theo t\u1eebng quy\u1ebft \u0111\u1ecbnh ch\u00ednh s\u00e1ch, vi\u1ec7c theo d\u00f5i s\u1ee9c m\u1ea1nh c\u1ee7a USD tr\u1edf th\u00e0nh \u01b0u ti\u00ean h\u00e0ng \u0111\u1ea7u v\u1edbi gi\u1edbi \u0111\u1ea7u t\u01b0. Trong b\u1ed1i c\u1ea3nh \u0111\u00f3, ch\u1ec9 s\u1ed1 DXY \u0111\u01b0\u1ee3c xem l\u00e0 c\u00f4ng c\u1ee5 tham chi\u1ebfu \u0111\u00e1ng tin c\u1eady, gi\u00fap \u0111\u1ecbnh h\u00ecnh xu h\u01b0\u1edbng v\u00e0 \u0111\u00e1nh gi\u00e1 v\u1ecb th\u1ebf c\u1ee7a \u0111\u1ed3ng b\u1ea1c xanh. V\u1eady DXY l\u00e0 g\u00ec<\/strong>, v\u00e0 n\u00f3 t\u00e1c \u0111\u1ed9ng ra sao \u0111\u1ebfn kinh t\u1ebf to\u00e0n c\u1ea7u?<\/p>\n\n\n\n

\"DXY<\/figure>\n\n\n\n

DXY l\u00e0 g\u00ec ?<\/h2>\n\n\n\n
\n

DXY, hay US Dollar Index, l\u00e0 ch\u1ec9 s\u1ed1 \u0111o l\u01b0\u1eddng s\u1ee9c m\u1ea1nh c\u1ee7a \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 (USD) so v\u1edbi m\u1ed9t r\u1ed5 s\u00e1u lo\u1ea1i ngo\u1ea1i t\u1ec7 m\u1ea1nh kh\u00e1c tr\u00ean th\u1ebf gi\u1edbi.<\/strong><\/p>\n<\/blockquote>\n\n\n\n

S\u00e1u \u0111\u1ed3ng ti\u1ec1n m\u1ea1nh kh\u00e1c g\u1ed3m euro (EUR), y\u00ean Nh\u1eadt (JPY), b\u1ea3ng Anh (GBP), \u0111\u00f4 la Canada (CAD), krona Th\u1ee5y \u0110i\u1ec3n (SEK) v\u00e0 franc Th\u1ee5y S\u0129 (CHF). Ch\u1ec9 s\u1ed1 n\u00e0y ph\u1ea3n \u00e1nh s\u1ee9c m\u1ea1nh t\u01b0\u01a1ng \u0111\u1ed1i c\u1ee7a USD tr\u00ean th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf.<\/p>\n\n\n\n

L\u1ecbch s\u1eed h\u00ecnh th\u00e0nh v\u00e0 ph\u00e1t tri\u1ec3n c\u1ee7a DXY<\/h2>\n\n\n\n

Ch\u1ec9 s\u1ed1 DXY ra \u0111\u1eddi v\u00e0o n\u0103m 1973, sau khi h\u1ec7 th\u1ed1ng t\u1ef7 gi\u00e1 c\u1ed1 \u0111\u1ecbnh Bretton Woods s\u1ee5p \u0111\u1ed5 v\u00e0 c\u00e1c \u0111\u1ed3ng ti\u1ec1n l\u1edbn tr\u00ean th\u1ebf gi\u1edbi chuy\u1ec3n sang c\u01a1 ch\u1ebf t\u1ef7 gi\u00e1 th\u1ea3 n\u1ed5i. Ban \u0111\u1ea7u, DXY \u0111\u01b0\u1ee3c C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9 (FED) x\u00e2y d\u1ef1ng \u0111\u1ec3 theo d\u00f5i s\u1ee9c m\u1ea1nh c\u1ee7a \u0111\u1ed3ng USD so v\u1edbi c\u00e1c \u0111\u1ed3ng ti\u1ec1n ch\u1ee7 ch\u1ed1t trong th\u01b0\u01a1ng m\u1ea1i qu\u1ed1c t\u1ebf. Gi\u00e1 tr\u1ecb c\u01a1 s\u1edf ban \u0111\u1ea7u c\u1ee7a ch\u1ec9 s\u1ed1 l\u00e0 100 \u0111i\u1ec3m, v\u00e0 m\u1ecdi bi\u1ebfn \u0111\u1ed9ng t\u0103ng \u2013 gi\u1ea3m sau \u0111\u00f3 \u0111\u1ec1u \u0111\u01b0\u1ee3c t\u00ednh t\u01b0\u01a1ng \u0111\u1ed1i so v\u1edbi m\u1ed1c n\u00e0y.<\/p>\n\n\n\n

Trong nhi\u1ec1u th\u1eadp k\u1ef7, DXY \u0111\u00e3 tr\u1edf th\u00e0nh ch\u1ec9 b\u00e1o kinh t\u1ebf quan tr\u1ecdng, \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng r\u1ed9ng r\u00e3i trong ph\u00e2n t\u00edch t\u00e0i ch\u00ednh v\u00e0 ho\u1ea1ch \u0111\u1ecbnh ch\u00ednh s\u00e1ch. \u0110\u1ebfn nay, quy\u1ec1n qu\u1ea3n l\u00fd ch\u1ec9 s\u1ed1 \u0111\u00e3 \u0111\u01b0\u1ee3c chuy\u1ec3n sang S\u1edf Giao d\u1ecbch Li\u00ean l\u1ee5c \u0111\u1ecba (ICE), nh\u01b0ng c\u00f4ng th\u1ee9c t\u00ednh v\u00e0 c\u1ea5u tr\u00fac r\u1ed5 ti\u1ec1n t\u1ec7 c\u01a1 b\u1ea3n v\u1eabn \u0111\u01b0\u1ee3c gi\u1eef nguy\u00ean.<\/p>\n\n\n\n

Th\u00e0nh ph\u1ea7n v\u00e0 t\u1ef7 tr\u1ecdng c\u1ea5u th\u00e0nh DXY<\/h2>\n\n\n\n

Ch\u1ec9 s\u1ed1 DXY \u0111\u01b0\u1ee3c t\u1ea1o th\u00e0nh t\u1eeb s\u00e1u lo\u1ea1i ngo\u1ea1i t\u1ec7 ch\u00ednh, \u0111\u1ea1i di\u1ec7n cho c\u00e1c \u0111\u1ed1i t\u00e1c th\u01b0\u01a1ng m\u1ea1i l\u1edbn nh\u1ea5t c\u1ee7a Hoa K\u1ef3. T\u1ef7 tr\u1ecdng c\u1ee7a t\u1eebng \u0111\u1ed3ng ti\u1ec1n ph\u1ea3n \u00e1nh m\u1ee9c \u0111\u1ed9 \u1ea3nh h\u01b0\u1edfng trong ho\u1ea1t \u0111\u1ed9ng kinh t\u1ebf \u2013 t\u00e0i ch\u00ednh to\u00e0n c\u1ea7u v\u00e0 s\u1ef1 g\u1eafn k\u1ebft v\u1edbi th\u1ecb tr\u01b0\u1eddng M\u1ef9.<\/p>\n\n\n\n

EUR \u2013 Eurozone<\/h3>\n\n\n\n

\u0110\u1ed3ng euro chi\u1ebfm kho\u1ea3ng 57,6%<\/strong> trong r\u1ed5 ch\u1ec9 s\u1ed1 DXY \u2013 m\u1ee9c cao nh\u1ea5t trong t\u1ea5t c\u1ea3. \u0110i\u1ec1u n\u00e0y ph\u1ea3n \u00e1nh m\u1ed1i quan h\u1ec7 kinh t\u1ebf s\u00e2u r\u1ed9ng gi\u1eefa Hoa K\u1ef3 v\u00e0 Li\u00ean minh ch\u00e2u \u00c2u. C\u00e1c bi\u1ebfn \u0111\u1ed9ng ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 t\u1eeb ECB c\u00f3 th\u1ec3 khi\u1ebfn DXY t\u0103ng ho\u1eb7c gi\u1ea3m r\u00f5 r\u1ec7t.<\/p>\n\n\n\n

JPY \u2013 Y\u00ean Nh\u1eadt<\/h3>\n\n\n\n

Y\u00ean Nh\u1eadt n\u1eafm t\u1ef7 tr\u1ecdng kho\u1ea3ng 13,6%<\/strong> trong ch\u1ec9 s\u1ed1 DXY. \u0110\u00e2y l\u00e0 \u0111\u1ed3ng ti\u1ec1n \u0111\u1ebfn t\u1eeb n\u1ec1n kinh t\u1ebf l\u1edbn th\u1ee9 ba th\u1ebf gi\u1edbi v\u00e0 \u0111\u01b0\u1ee3c giao d\u1ecbch r\u1ed9ng r\u00e3i tr\u00ean th\u1ecb tr\u01b0\u1eddng ngo\u1ea1i h\u1ed1i. S\u1ef1 \u1ed5n \u0111\u1ecbnh ho\u1eb7c bi\u1ebfn \u0111\u1ed9ng c\u1ee7a JPY \u0111\u1ec1u t\u00e1c \u0111\u1ed9ng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn DXY.<\/p>\n\n\n\n

GBP \u2013 B\u1ea3ng Anh<\/h3>\n\n\n\n

Chi\u1ebfm kho\u1ea3ng 11,9%<\/strong>, b\u1ea3ng Anh ph\u1ea3n \u00e1nh s\u1ee9c \u1ea3nh h\u01b0\u1edfng kinh t\u1ebf \u2013 t\u00e0i ch\u00ednh c\u1ee7a V\u01b0\u01a1ng qu\u1ed1c Anh. Nh\u1edd v\u00e0o vai tr\u00f2 trung t\u00e2m t\u00e0i ch\u00ednh to\u00e0n c\u1ea7u c\u1ee7a London, GBP lu\u00f4n l\u00e0 m\u1ed9t \u0111\u1ed3ng ti\u1ec1n quan tr\u1ecdng trong c\u00e1c bi\u1ebfn \u0111\u1ed9ng c\u1ee7a ch\u1ec9 s\u1ed1 DXY.<\/p>\n\n\n\n

CAD \u2013 \u0110\u00f4 la Canada<\/h3>\n\n\n\n

T\u1ef7 tr\u1ecdng c\u1ee7a CAD trong DXY l\u00e0 kho\u1ea3ng 9,1%<\/strong>, cho th\u1ea5y v\u1ecb tr\u00ed quan tr\u1ecdng c\u1ee7a Canada \u2013 \u0111\u1ed1i t\u00e1c th\u01b0\u01a1ng m\u1ea1i l\u1edbn th\u1ee9 hai c\u1ee7a M\u1ef9. C\u00e1c y\u1ebfu t\u1ed1 nh\u01b0 gi\u00e1 d\u1ea7u, ch\u00ednh s\u00e1ch xu\u1ea5t nh\u1eadp kh\u1ea9u v\u00e0 th\u01b0\u01a1ng m\u1ea1i song ph\u01b0\u01a1ng khi\u1ebfn CAD c\u00f3 t\u00e1c \u0111\u1ed9ng gi\u00e1n ti\u1ebfp \u0111\u1ebfn DXY.<\/p>\n\n\n\n

SEK \u2013 Krona Th\u1ee5y \u0110i\u1ec3n<\/h3>\n\n\n\n

Chi\u1ebfm kho\u1ea3ng 4,2%<\/strong>, SEK l\u00e0 \u0111\u1ea1i di\u1ec7n cho khu v\u1ef1c B\u1eafc \u00c2u v\u00e0 nh\u1eefng n\u1ec1n kinh t\u1ebf \u1ed5n \u0111\u1ecbnh. D\u00f9 quy m\u00f4 nh\u1ecf h\u01a1n c\u00e1c \u0111\u1ed3ng ti\u1ec1n kh\u00e1c, nh\u01b0ng krona v\u1eabn g\u00f3p ph\u1ea7n t\u1ea1o n\u00ean s\u1ef1 \u0111a d\u1ea1ng v\u00e0 kh\u00e1ch quan cho r\u1ed5 ch\u1ec9 s\u1ed1 DXY.<\/p>\n\n\n\n

CHF \u2013 Franc Th\u1ee5y S\u0129<\/h3>\n\n\n\n

\u0110\u1ed3ng franc Th\u1ee5y S\u0129 chi\u1ebfm t\u1ef7 tr\u1ecdng 3,6%<\/strong> trong DXY. V\u1edbi danh ti\u1ebfng l\u00e0 \u0111\u1ed3ng ti\u1ec1n an to\u00e0n trong th\u1eddi k\u1ef3 bi\u1ebfn \u0111\u1ed9ng, CHF c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u00e1ng k\u1ec3 \u0111\u1ebfn ch\u1ec9 s\u1ed1 m\u1ed7i khi th\u1ecb tr\u01b0\u1eddng to\u00e0n c\u1ea7u g\u1eb7p r\u1ee7i ro ho\u1eb7c b\u1ea5t \u1ed5n.<\/p>\n\n\n\n

C\u00e1ch t\u00ednh v\u00e0 c\u01a1 ch\u1ebf ho\u1ea1t \u0111\u1ed9ng c\u1ee7a ch\u1ec9 s\u1ed1 DXY<\/h2>\n\n\n\n

Ch\u1ec9 s\u1ed1 DXY \u0111\u01b0\u1ee3c t\u00ednh to\u00e1n d\u1ef1a tr\u00ean t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i c\u1ee7a \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 (USD) so v\u1edbi s\u00e1u \u0111\u1ed3ng ti\u1ec1n ch\u00ednh g\u1ed3m EUR, JPY, GBP, CAD, SEK v\u00e0 CHF. M\u1ed7i \u0111\u1ed3ng ti\u1ec1n \u0111\u01b0\u1ee3c g\u00e1n m\u1ed9t tr\u1ecdng s\u1ed1 c\u1ee5 th\u1ec3 trong c\u00f4ng th\u1ee9c, ph\u1ea3n \u00e1nh vai tr\u00f2 th\u01b0\u01a1ng m\u1ea1i c\u1ee7a qu\u1ed1c gia ph\u00e1t h\u00e0nh v\u1edbi M\u1ef9. C\u00f4ng th\u1ee9c t\u00ednh DXY l\u00e0 m\u1ed9t d\u1ea1ng trung b\u00ecnh h\u00ecnh h\u1ecdc c\u00f3 tr\u1ecdng s\u1ed1, trong \u0111\u00f3 \u0111\u1ed3ng euro c\u00f3 \u1ea3nh h\u01b0\u1edfng l\u1edbn nh\u1ea5t \u0111\u1ebfn k\u1ebft qu\u1ea3 cu\u1ed1i c\u00f9ng.<\/p>\n\n\n\n

Gi\u00e1 tr\u1ecb c\u01a1 b\u1ea3n c\u1ee7a DXY \u0111\u01b0\u1ee3c \u1ea5n \u0111\u1ecbnh l\u00e0 100 v\u00e0o n\u0103m 1973. Khi ch\u1ec9 s\u1ed1 t\u0103ng l\u00ean tr\u00ean 100, \u0111i\u1ec1u \u0111\u00f3 cho th\u1ea5y USD \u0111ang m\u1ea1nh h\u01a1n so v\u1edbi th\u1eddi \u0111i\u1ec3m g\u1ed1c; ng\u01b0\u1ee3c l\u1ea1i, n\u1ebfu gi\u1ea3m xu\u1ed1ng d\u01b0\u1edbi 100, USD \u0111ang y\u1ebfu \u0111i. Ch\u1ec9 s\u1ed1 n\u00e0y \u0111\u01b0\u1ee3c c\u1eadp nh\u1eadt li\u00ean t\u1ee5c trong th\u1eddi gian giao d\u1ecbch ngo\u1ea1i h\u1ed1i v\u00e0 l\u00e0 ch\u1ec9 b\u00e1o quan tr\u1ecdng trong vi\u1ec7c ph\u00e2n t\u00edch xu h\u01b0\u1edbng ti\u1ec1n t\u1ec7 v\u00e0 t\u00e2m l\u00fd th\u1ecb tr\u01b0\u1eddng to\u00e0n c\u1ea7u.<\/p>\n\n\n\n

T\u00e1c \u0111\u1ed9ng c\u1ee7a DXY \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh v\u00e0 kinh t\u1ebf<\/h2>\n\n\n\n

Ch\u1ec9 s\u1ed1 DXY kh\u00f4ng ch\u1ec9 ph\u1ea3n \u00e1nh s\u1ee9c m\u1ea1nh c\u1ee7a \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 m\u00e0 c\u00f2n t\u00e1c \u0111\u1ed9ng m\u1ea1nh m\u1ebd \u0111\u1ebfn nhi\u1ec1u l\u0129nh v\u1ef1c kinh t\u1ebf \u2013 t\u00e0i ch\u00ednh to\u00e0n c\u1ea7u. Khi DXY t\u0103ng, \u0111\u1ed3ng USD m\u1ea1nh l\u00ean khi\u1ebfn h\u00e0ng h\u00f3a \u0111\u1ecbnh gi\u00e1 b\u1eb1ng USD nh\u01b0 v\u00e0ng v\u00e0 d\u1ea7u m\u1ecf tr\u1edf n\u00ean \u0111\u1eaft \u0111\u1ecf h\u01a1n v\u1edbi ng\u01b0\u1eddi mua qu\u1ed1c t\u1ebf, d\u1eabn \u0111\u1ebfn xu h\u01b0\u1edbng gi\u1ea3m gi\u00e1 c\u00e1c lo\u1ea1i t\u00e0i s\u1ea3n n\u00e0y. Ng\u01b0\u1ee3c l\u1ea1i, khi DXY gi\u1ea3m, gi\u00e1 v\u00e0ng, d\u1ea7u v\u00e0 c\u00e1c h\u00e0ng h\u00f3a kh\u00e1c th\u01b0\u1eddng c\u00f3 xu h\u01b0\u1edbng t\u0103ng do USD y\u1ebfu \u0111i.<\/p>\n\n\n\n

\u0110\u1ed1i v\u1edbi th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n, DXY cao th\u01b0\u1eddng g\u00e2y \u00e1p l\u1ef1c gi\u1ea3m l\u00ean l\u1ee3i nhu\u1eadn doanh nghi\u1ec7p xu\u1ea5t kh\u1ea9u v\u00e0 th\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i, do chi ph\u00ed t\u00e0i ch\u00ednh v\u00e0 nh\u1eadp kh\u1ea9u t\u0103ng cao. Trong khi \u0111\u00f3, DXY th\u1ea5p gi\u00fap t\u0103ng t\u00ednh c\u1ea1nh tranh c\u1ee7a h\u00e0ng h\u00f3a M\u1ef9, k\u00edch th\u00edch t\u0103ng tr\u01b0\u1edfng xu\u1ea5t kh\u1ea9u.<\/p>\n\n\n\n

Ngo\u00e0i ra, s\u1ef1 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a DXY c\u00f2n \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i to\u00e0n c\u1ea7u, c\u00e1c d\u00f2ng v\u1ed1n \u0111\u1ea7u t\u01b0, v\u00e0 l\u00e0 m\u1ed9t trong nh\u1eefng ch\u1ec9 b\u00e1o quan tr\u1ecdng gi\u00fap ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng c\u00e1c n\u01b0\u1edbc \u0111i\u1ec1u ch\u1ec9nh ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 ph\u00f9 h\u1ee3p v\u1edbi t\u00ecnh h\u00ecnh kinh t\u1ebf qu\u1ed1c t\u1ebf.<\/p>\n\n\n\n

\u1ee8ng d\u1ee5ng DXY trong \u0111\u1ea7u t\u01b0 v\u00e0 vai tr\u00f2 trong ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7<\/h2>\n\n\n\n

Ch\u1ec9 s\u1ed1 DXY kh\u00f4ng ch\u1ec9 l\u00e0 c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch th\u1ecb tr\u01b0\u1eddng ti\u1ec1n t\u1ec7 m\u00e0 c\u00f2n \u0111\u01b0\u1ee3c \u1ee9ng d\u1ee5ng r\u1ed9ng r\u00e3i trong ho\u1ea1t \u0111\u1ed9ng \u0111\u1ea7u t\u01b0 v\u00e0 ho\u1ea1ch \u0111\u1ecbnh ch\u00ednh s\u00e1ch v\u0129 m\u00f4. D\u01b0\u1edbi \u0111\u00e2y l\u00e0 nh\u1eefng c\u00e1ch m\u00e0 DXY \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng trong th\u1ef1c t\u1ebf.<\/p>\n\n\n\n

C\u00e1c c\u00f4ng c\u1ee5 \u0111\u1ea7u t\u01b0 theo DXY<\/h3>\n\n\n\n

Nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 ti\u1ebfp c\u1eadn DXY th\u00f4ng qua c\u00e1c s\u1ea3n ph\u1ea9m t\u00e0i ch\u00ednh nh\u01b0 h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai (tr\u00ean s\u00e0n ICE Futures U.S.) ho\u1eb7c c\u00e1c qu\u1ef9 ETF m\u00f4 ph\u1ecfng ch\u1ec9 s\u1ed1 n\u00e0y, ph\u1ed5 bi\u1ebfn nh\u1ea5t l\u00e0 Invesco UUP. Nh\u1eefng c\u00f4ng c\u1ee5 n\u00e0y cho ph\u00e9p nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u1ea7u c\u01a1 ho\u1eb7c ph\u00f2ng ng\u1eeba r\u1ee7i ro tr\u01b0\u1edbc bi\u1ebfn \u0111\u1ed9ng t\u1ef7 gi\u00e1 USD.<\/p>\n\n\n\n

Ph\u00e2n t\u00edch, ph\u00f2ng ng\u1eeba r\u1ee7i ro d\u1ef1a tr\u00ean DXY<\/h3>\n\n\n\n

DXY l\u00e0 ch\u1ec9 b\u00e1o gi\u00fap \u0111\u00e1nh gi\u00e1 xu h\u01b0\u1edbng \u0111\u1ed3ng \u0111\u00f4 la v\u00e0 t\u1eeb \u0111\u00f3 x\u00e1c \u0111\u1ecbnh chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 ph\u00f9 h\u1ee3p. Doanh nghi\u1ec7p xu\u1ea5t nh\u1eadp kh\u1ea9u ho\u1eb7c nh\u00e0 \u0111\u1ea7u t\u01b0 qu\u1ed1c t\u1ebf th\u01b0\u1eddng d\u1ef1a v\u00e0o bi\u1ebfn \u0111\u1ed9ng DXY \u0111\u1ec3 d\u1ef1 \u0111o\u00e1n r\u1ee7i ro t\u1ef7 gi\u00e1 v\u00e0 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh ph\u00f2ng ng\u1eeba (hedging).<\/p>\n\n\n\n

DXY trong ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 c\u1ee7a FED<\/h3>\n\n\n\n

C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9 (FED) theo d\u00f5i DXY \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 t\u00e1c \u0111\u1ed9ng c\u1ee7a ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 \u0111\u1ebfn s\u1ee9c m\u1ea1nh \u0111\u1ed3ng USD. M\u1ee9c \u0111\u1ed9 m\u1ea1nh y\u1ebfu c\u1ee7a USD s\u1ebd \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn c\u00e1n c\u00e2n th\u01b0\u01a1ng m\u1ea1i, l\u1ea1m ph\u00e1t nh\u1eadp kh\u1ea9u v\u00e0 t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf n\u1ed9i \u0111\u1ecba.<\/p>\n\n\n\n

M\u1ed1i li\u00ean h\u1ec7 gi\u1eefa DXY v\u00e0 l\u00e3i su\u1ea5t \u0111i\u1ec1u h\u00e0nh<\/h3>\n\n\n\n

Khi FED t\u0103ng l\u00e3i su\u1ea5t, d\u00f2ng v\u1ed1n c\u00f3 xu h\u01b0\u1edbng \u0111\u1ed5 v\u00e0o USD khi\u1ebfn DXY t\u0103ng. Ng\u01b0\u1ee3c l\u1ea1i, n\u1ebfu FED n\u1edbi l\u1ecfng ch\u00ednh s\u00e1ch, DXY th\u01b0\u1eddng suy y\u1ebfu. M\u1ed1i quan h\u1ec7 n\u00e0y gi\u00fap c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0 nh\u00e0 ph\u00e2n t\u00edch d\u1ef1 \u0111o\u00e1n ph\u1ea3n \u1ee9ng th\u1ecb tr\u01b0\u1eddng d\u1ef1a tr\u00ean ch\u00ednh s\u00e1ch l\u00e3i su\u1ea5t.<\/p>\n\n\n\n

So s\u00e1nh DXY v\u1edbi c\u00e1c ch\u1ec9 s\u1ed1 ti\u1ec1n t\u1ec7 kh\u00e1c<\/h2>\n\n\n\n

M\u1eb7c d\u00f9 DXY l\u00e0 ch\u1ec9 s\u1ed1 ph\u1ed5 bi\u1ebfn nh\u1ea5t \u0111\u1ec3 \u0111o l\u01b0\u1eddng s\u1ee9c m\u1ea1nh \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9, nh\u01b0ng n\u00f3 kh\u00f4ng ph\u1ea3i l\u00e0 ch\u1ec9 s\u1ed1 duy nh\u1ea5t. M\u1ed9t s\u1ed1 t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh v\u00e0 ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng \u0111\u00e3 ph\u00e1t tri\u1ec3n c\u00e1c ch\u1ec9 s\u1ed1 thay th\u1ebf nh\u1eb1m ph\u1ea3n \u00e1nh ch\u00ednh x\u00e1c h\u01a1n m\u1ee9c \u0111\u1ed9 \u1ea3nh h\u01b0\u1edfng to\u00e0n c\u1ea7u c\u1ee7a USD.<\/p>\n\n\n\n

Ch\u1eb3ng h\u1ea1n, Ch\u1ec9 s\u1ed1 USD Broad (Trade-Weighted Dollar Index) do C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9 c\u00f4ng b\u1ed1, t\u00ednh to\u00e1n s\u1ee9c m\u1ea1nh USD d\u1ef1a tr\u00ean th\u01b0\u01a1ng m\u1ea1i th\u1ef1c t\u1ebf v\u1edbi h\u01a1n 20 qu\u1ed1c gia, bao g\u1ed3m c\u1ea3 Trung Qu\u1ed1c, Mexico v\u00e0 H\u00e0n Qu\u1ed1c \u2013 nh\u1eefng \u0111\u1ed1i t\u00e1c th\u01b0\u01a1ng m\u1ea1i l\u1edbn kh\u00f4ng c\u00f3 m\u1eb7t trong DXY. Do \u0111\u00f3, ch\u1ec9 s\u1ed1 Broad th\u01b0\u1eddng \u0111\u01b0\u1ee3c xem l\u00e0 s\u00e1t th\u1ef1c t\u1ebf h\u01a1n trong m\u1ed9t s\u1ed1 b\u1ed1i c\u1ea3nh.<\/p>\n\n\n\n

Ngo\u00e0i ra, ch\u1ec9 s\u1ed1 USD c\u1ee7a JPMorgan c\u0169ng l\u00e0 m\u1ed9t c\u00f4ng c\u1ee5 theo d\u00f5i bi\u1ebfn \u0111\u1ed9ng t\u1ef7 gi\u00e1 \u0111a chi\u1ec1u. So v\u1edbi DXY, c\u00e1c ch\u1ec9 s\u1ed1 thay th\u1ebf th\u01b0\u1eddng mang t\u00ednh c\u1eadp nh\u1eadt h\u01a1n v\u1ec1 c\u1ea5u tr\u00fac kinh t\u1ebf to\u00e0n c\u1ea7u. Tuy v\u1eady, DXY v\u1eabn \u0111\u01b0\u1ee3c \u01b0a chu\u1ed9ng trong \u0111\u1ea7u t\u01b0 v\u00e0 giao d\u1ecbch v\u00ec t\u00ednh \u0111\u01a1n gi\u1ea3n, minh b\u1ea1ch v\u00e0 \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng ph\u1ed5 bi\u1ebfn tr\u00ean c\u00e1c n\u1ec1n t\u1ea3ng t\u00e0i ch\u00ednh.<\/p>\n\n\n\n

Nh\u1eefng c\u00e2u h\u1ecfi th\u01b0\u1eddng g\u1eb7p v\u1ec1 DXY<\/h2>\n\n\n\n

Khi t\u00ecm hi\u1ec3u v\u1ec1 ch\u1ec9 s\u1ed1 DXY, nhi\u1ec1u ng\u01b0\u1eddi th\u01b0\u1eddng b\u0103n kho\u0103n v\u1ec1 \u00fd ngh\u0129a khi ch\u1ec9 s\u1ed1 t\u0103ng ho\u1eb7c gi\u1ea3m, m\u1ed1i li\u00ean h\u1ec7 gi\u1eefa DXY v\u00e0 c\u00e1c t\u00e0i s\u1ea3n nh\u01b0 v\u00e0ng, ti\u1ec1n \u0111i\u1ec7n t\u1eed, hay c\u00e1ch theo d\u00f5i bi\u1ebfn \u0111\u1ed9ng ch\u1ec9 s\u1ed1 n\u00e0y trong \u0111\u1ea7u t\u01b0 v\u00e0 ph\u00e2n t\u00edch th\u1ecb tr\u01b0\u1eddng.<\/p>\n\n\n\n

DXY cao l\u00e0 t\u1ed1t hay x\u1ea5u?<\/em><\/strong>
Vi\u1ec7c DXY t\u0103ng ph\u1ea3n \u00e1nh \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 \u0111ang m\u1ea1nh l\u00ean so v\u1edbi c\u00e1c ngo\u1ea1i t\u1ec7 kh\u00e1c. \u0110i\u1ec1u n\u00e0y c\u00f3 l\u1ee3i cho ng\u01b0\u1eddi ti\u00eau d\u00f9ng M\u1ef9 khi nh\u1eadp kh\u1ea9u tr\u1edf n\u00ean r\u1ebb h\u01a1n, nh\u01b0ng l\u1ea1i b\u1ea5t l\u1ee3i cho xu\u1ea5t kh\u1ea9u v\u00e0 doanh nghi\u1ec7p M\u1ef9 \u1edf th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf v\u00ec s\u1ea3n ph\u1ea9m tr\u1edf n\u00ean k\u00e9m c\u1ea1nh tranh h\u01a1n.<\/p>\n\n\n\n

DXY li\u00ean quan g\u00ec \u0111\u1ebfn ti\u1ec1n \u0111i\u1ec7n t\u1eed ho\u1eb7c ch\u1ee9ng kho\u00e1n?<\/em><\/strong>
DXY v\u00e0 c\u00e1c t\u00e0i s\u1ea3n r\u1ee7i ro nh\u01b0 Bitcoin ho\u1eb7c c\u1ed5 phi\u1ebfu th\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng ng\u01b0\u1ee3c chi\u1ec1u. Khi DXY t\u0103ng, d\u00f2ng ti\u1ec1n c\u00f3 xu h\u01b0\u1edbng r\u00fat kh\u1ecfi c\u00e1c k\u00eanh \u0111\u1ea7u t\u01b0 m\u1ea1o hi\u1ec3m v\u00e0 chuy\u1ec3n v\u1ec1 t\u00e0i s\u1ea3n tr\u00fa \u1ea9n, khi\u1ebfn gi\u00e1 ti\u1ec1n \u0111i\u1ec7n t\u1eed v\u00e0 c\u1ed5 phi\u1ebfu s\u1ee5t gi\u1ea3m.<\/p>\n\n\n\n

L\u00e0m sao \u0111\u1ec3 theo d\u00f5i bi\u1ebfn \u0111\u1ed9ng DXY h\u00e0ng ng\u00e0y?<\/em><\/strong>
Ng\u01b0\u1eddi d\u00f9ng c\u00f3 th\u1ec3 theo d\u00f5i DXY qua c\u00e1c n\u1ec1n t\u1ea3ng nh\u01b0 Investing.com, TradingView ho\u1eb7c Bloomberg. Ngo\u00e0i ra, c\u00e1c m\u00e3 ETF m\u00f4 ph\u1ecfng DXY nh\u01b0 UUP (Invesco) c\u0169ng l\u00e0 c\u00f4ng c\u1ee5 tr\u1ef1c ti\u1ebfp \u0111\u1ec3 theo d\u00f5i v\u00e0 giao d\u1ecbch bi\u1ebfn \u0111\u1ed9ng ch\u1ec9 s\u1ed1 n\u00e0y.<\/p>\n\n\n\n

T\u00f3m l\u1ea1i, ch\u1ec9 s\u1ed1 DXY l\u00e0 g\u00ec<\/strong> kh\u00f4ng ch\u1ec9 l\u00e0 m\u1ed9t kh\u00e1i ni\u1ec7m t\u00e0i ch\u00ednh \u0111\u01a1n thu\u1ea7n, m\u00e0 c\u00f2n l\u00e0 c\u00f4ng c\u1ee5 thi\u1ebft y\u1ebfu trong vi\u1ec7c \u0111\u00e1nh gi\u00e1 s\u1ee9c m\u1ea1nh \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 v\u00e0 xu h\u01b0\u1edbng th\u1ecb tr\u01b0\u1eddng to\u00e0n c\u1ea7u. Vi\u1ec7c hi\u1ec3u r\u00f5 c\u01a1 ch\u1ebf v\u1eadn h\u00e0nh v\u00e0 \u1ee9ng d\u1ee5ng c\u1ee7a DXY s\u1ebd gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0, doanh nghi\u1ec7p v\u00e0 c\u00e1c t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh ch\u00ednh x\u00e1c h\u01a1n trong b\u1ed1i c\u1ea3nh kinh t\u1ebf nhi\u1ec1u bi\u1ebfn \u0111\u1ed9ng.<\/p>\n\n\n\n

Tr\u00ed Nh\u00e2n<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Khi th\u1ecb tr\u01b0\u1eddng ti\u1ec1n t\u1ec7 li\u00ean t\u1ee5c bi\u1ebfn \u0111\u1ed9ng v\u00e0 gi\u00e1 tr\u1ecb \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 thay \u0111\u1ed5i theo t\u1eebng quy\u1ebft \u0111\u1ecbnh ch\u00ednh s\u00e1ch, vi\u1ec7c …<\/p>\n","protected":false},"author":58,"featured_media":9723,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-9722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kien-thuc-kinh-te"],"_links":{"self":[{"href":"https:\/\/mb668s.com\/cam-nang-7mb66-xoc-dia\/wp-json\/wp\/v2\/posts\/9722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mb668s.com\/cam-nang-7mb66-xoc-dia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mb668s.com\/cam-nang-7mb66-xoc-dia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mb668s.com\/cam-nang-7mb66-xoc-dia\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/mb668s.com\/cam-nang-7mb66-xoc-dia\/wp-json\/wp\/v2\/comments?post=9722"}],"version-history":[{"count":2,"href":"https:\/\/mb668s.com\/cam-nang-7mb66-xoc-dia\/wp-json\/wp\/v2\/posts\/9722\/revisions"}],"predecessor-version":[{"id":9725,"href":"https:\/\/mb668s.com\/cam-nang-7mb66-xoc-dia\/wp-json\/wp\/v2\/posts\/9722\/revisions\/9725"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mb668s.com\/cam-nang-7mb66-xoc-dia\/wp-json\/wp\/v2\/media\/9723"}],"wp:attachment":[{"href":"https:\/\/mb668s.com\/cam-nang-7mb66-xoc-dia\/wp-json\/wp\/v2\/media?parent=9722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mb668s.com\/cam-nang-7mb66-xoc-dia\/wp-json\/wp\/v2\/categories?post=9722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mb668s.com\/cam-nang-7mb66-xoc-dia\/wp-json\/wp\/v2\/tags?post=9722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}