It’s way too high driving all the other currencies lower, and hurting them with higher import prices to their countries. And has made our imports cheaper than they should be. If this trend continues, then the USA (and China) is saying fu to the rest of the world. The USD is very pegged to the Yuan.
“The brains of humans and other animals contain a mechanism designed to give priority to bad news,” former Nobel Prize-winning economist Daniel Kahneman once said.