Why USD news affecting other currency?

fxoday

Master Sergeant
Messages
324
USD still become currency as global market use this currency, so if this weak over another currency also possible to many other currencies being affected, but maybe on few decades on future, dominating USD can change
 

Eryk Martin

Recruit
Messages
38
US dollar has an impact directly or indirectly on most of the currencies in the world, as US trades are spread vastly all over the world. So each and every news related to US makes an impact on the other countries as well.
 

ele020

Private, 1st Class
Messages
53
The United States is considered the world’s most powerful country, whether it’s in the domain of military affairs, geopolitics, industry, energy, science, culture, and technology. It is even called a “financial superpower.” As we all know The United States has the largest economy in the world and the U.S. dollar is the world’s reserve currency. This means that the U.S. dollar is a participant in about 90% of all forex transactions, therefore USD news affects other currencies as well.
 
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