Question
How likely is the US dollar to appreciate to 1 USD/EUR from its current level of1.07 USD/EUR in the next 6, 12, and 60 months?
How likely is the US dollar to appreciate to 1 USD/EUR from its current level of1.07 USD/EUR in the next 6, 12, and 60 months? To answer the question I'm required to use international and monetary economics knowledge I acquired but I can also use some statistical tools and more stuff, if needed, even though it's not compulsory. Please state all the assumptions behind each step of the computation. (Reference : EICHENGREEN, B., MEHL, A. and CHITU, L. (2017). How global currencies work. Prince-ton University Press ; I don't have any additional informations, including tables and figures)
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