The ultimate objective is to reach 2% of . Because market in not in a situation to increase the prices of goods, Mario will make the necessary to do so.
EUROZONE is a market where most of the goods are imported from third countries and these products are imported in USD currency. Therefore if you d evaluate the price of EUR against USD automaticaly the prices inside the EUROZONE will increase and Mario will reach its target. This target will be a virtual achievement, not based on micro economic performance and market based performance but rather based on ECB intervention.
To reach his goal, Mario may foresee a EURUSD parity which may be around 1.10-1.15 .
The price is bellow 1.30. and it won't reach any further above 1.33 and i would say 1.31
With FED's increasing its interest rate on 1Q15 or 2Q15, EURO say well go bellow 1.20