EUR/USD Medium-Term Exchange Rate Target Zone 8.00 %
The measured medium-term exchange rate target zone for EUR/USD, the economic and monetary currency pair estimated to 8 %, narrower than global monetarists's consensus for 15 %. The pair is being fluctuated at the disequilibrium state and it is projected to move to equilibrium state to the lower band in medium-term.
As long as the EUR/USD fluctuated interior the medium-term price stability band 1.0400-1.1500, the pair is assumed to be stable. The pair is projected to move to her lower band at 1.0400/1.0500 in medium-term, however being an economic and monetary currency, the pair could be freely to move to upward up to the level of 1.1500 prior to 1.0400/1.0500.
Exchange rate movement of the EUR/USD interior her medium-term exchange rate target zone longer than other pairs as economic and monetary currency, by bullish and bearish interior the established target zone of the managed float.
As long as the EUR/USD fluctuated interior the medium-term price stability band 1.0400-1.1500, the pair is assumed to be stable. The pair is projected to move to her lower band at 1.0400/1.0500 in medium-term, however being an economic and monetary currency, the pair could be freely to move to upward up to the level of 1.1500 prior to 1.0400/1.0500.
Exchange rate movement of the EUR/USD interior her medium-term exchange rate target zone longer than other pairs as economic and monetary currency, by bullish and bearish interior the established target zone of the managed float.