I trade only US markets and all terms are in USD.
I spend USD, CHF, EUR and a few smaller currencies. Usually I take out on credit whatever I need and pay the credit back sometimes by exchanging USD to whatever currency it was, raising the USD debt (I always have USD debt).
As mentioned, I don’t like cash and the debt protects me from inflation. The USD is now as low as about 14 years ago but the fluctuation is peanuts compared with the performance of the stocks I hold.
I think there was a thread here a short time ago that explained why it is a bad idea to hedge investments currencies. I think it is a really bad idea; depending how you implement it it is expensive or it is a speculation that adds risk.
Addendum: I have a balance sheet that I display in various currencies and that includes all my belongings and debt, did not look at it for a long time. CHF, USD and EUR are at all-time highs, but last time I checked was march 2024. Very nice numbers, the real estate is there only at insurance value that did go up last year. Actually I am quiet diversified with currencies, I hold real estate valued in CHF and EUR and stocks valued in USD. I have debt in CHF and USD, but only very little debt in EUR, maybe I should change that.
Did “wheels of fortune” with assets and liabilities and equity, all in CHF, here they are (“pens” is my wife’s 2nd pillar, she still works):
