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Currency outlook+ r5 f, I( F4 c1 o
Level, end of period6 X) u, u q1 m5 p7 K3 w
RBC Economics outlook compared to the market
; G3 I9 B9 Z- x% i4 K9 OSource: Bloomberg, RBC Economics Research8 d: `0 D+ Y" C, K
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2& K, y8 H5 P' W* o8 ] \
Canadian dollar 1.07 1.04 1.02 1.01 1.01 1.01 1.02 1.02
; z) O9 S4 i6 G; L& p# x/ }8 HEuro 1.46 1.50 1.52 1.54 1.54 1.52 1.50 1.48* u+ S2 @/ S' D, j0 Z( A# m
U.K. pound sterling 1.60 1.70 1.75 1.79 1.81 1.79 1.79 1.781 d! ^' i! V8 I
New Zealand dollar 0.72 0.74 0.78 0.80 0.80 0.78 0.76 0.75 Z, O1 j% N! @ }: |7 ]
Japanese yen 89.7 88.0 85.0 84.0 84.0 83.0 85.0 88.0) g9 z% Y: V3 ^! B: R6 ?. k+ @
Chinese renminbi 6.83 6.83 6.80 6.70 6.60 6.50 6.40 6.30
5 \6 v9 V1 x6 o" A6 e; bAustralian dollar 0.88 0.90 0.95 0.94 0.93 0.90 0.88 0.861 H% n& @8 C4 W) C" j
Mexican peso 13.51 12.75 12.50 12.25 12.00 11.75 11.75 11.50
) Z J# r9 k. l' L) p7 }' M% K ^* x, z# H
Canadian dollar cross-rates
3 J( b' {, _( ~% [( F- s" I09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
$ r C9 o7 W. R+ }7 L0 o# k+ KEUR/CAD 1.57 1.56 1.55 1.56 1.56 1.54 1.53 1.51* o4 C6 s& P% i6 u2 S, D2 Z
GBP/CAD 1.71 1.77 1.78 1.81 1.83 1.81 1.82 1.82
- h, _2 {! z$ C8 Y5 d) XNZD/CAD 0.77 0.77 0.80 0.81 0.81 0.79 0.78 0.77
. K7 n) {3 ? i/ ]) n6 @8 x2 T* HCAD/JPY 83.9 84.6 83.3 83.2 83.2 82.2 83.3 86.3
# s' v" B: w/ ~& B/ @* kAUD/CAD 0.94 0.94 0.97 0.95 0.94 0.91 0.90 0.88
( N0 n2 k, ^! ~; l. A2 @# N+ {, v* b: s4 `. D7 M
Source: Bloomberg, RBC Economics Research |
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