Why do people say the $US is still overvalued? How is this, in my opinion, weak US dollar helping the USA? European tourists who come to the US crow and swagger down the streets of NYC with their newfound wealth.Other than hurting European imports into the US, how and why is this hurting Europeans? I hear this weak dollar is hurting Europe.

Does the US want a strong dollar or a weak dollar? Is the US even in control of whether the dollar is strong or weak? The administration seems to say it wants a strong dollar but acts as though it wants a weak dollar. I don't know what to think.