Semi-fixed exchange rates. Currency can move within a permitted range, but the exchange rate is the dominant target of economic policy-making. Interest rates are set to meet the target exchange rate.

Each indicator is marked as High (H), Medium (M) or Low (L), according to the importance commonly attributed to it.

When asking for QUOTE, the trader must specify the currency pair and the deal amount (volume). For example: “Need a quote for EUR/USD in EUR100,000”.