I don't understand if this is bad or good for us (non-US residents), I understand that buying the dollar when it goes down seems quite good, but when it goes up, buying it seems bad too, however, the conversions when it goes up seem tempting.
I don't understand if this is bad or good for us (non-US residents), I understand that buying the dollar when it goes down seems quite good, but when it goes up, buying it seems bad too, however, the conversions when it goes up seem tempting.
The most important economy in the world is the U.S., so it matters to everyone. Every currency is denominated against the dollar, and every country holds dollars as a reserve currency. So, if the dollar is devalued, the value of those reserves also falls.