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Currency outlook7 }$ k9 V+ x% I; Q9 B
Level, end of period
/ u" i" [( _. |/ c- _( x: rRBC Economics outlook compared to the market
7 N o4 D: Q/ eSource: Bloomberg, RBC Economics Research7 O6 F* r2 F6 D4 V! C+ C1 ^
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
& D7 e* v6 E# k' \& cCanadian dollar 1.07 1.04 1.02 1.01 1.01 1.01 1.02 1.02: W3 G" P6 W' |) v% D
Euro 1.46 1.50 1.52 1.54 1.54 1.52 1.50 1.48
# Q4 L. G+ }0 c1 j' R% gU.K. pound sterling 1.60 1.70 1.75 1.79 1.81 1.79 1.79 1.78' o3 j, |! F5 v% [" ^; c( l
New Zealand dollar 0.72 0.74 0.78 0.80 0.80 0.78 0.76 0.75
4 S! }( c- b, o0 x( d4 z1 x$ q0 |Japanese yen 89.7 88.0 85.0 84.0 84.0 83.0 85.0 88.0( |' D0 X0 Y! w2 ^
Chinese renminbi 6.83 6.83 6.80 6.70 6.60 6.50 6.40 6.30 D* p# `5 X# ^( j! v! L) N4 [! x
Australian dollar 0.88 0.90 0.95 0.94 0.93 0.90 0.88 0.86
# K' ]5 N5 W1 T5 g7 A& q2 I) n+ _* cMexican peso 13.51 12.75 12.50 12.25 12.00 11.75 11.75 11.50
1 p% _6 V0 t/ P9 N
% ?* O5 Y" F! \ ~! [Canadian dollar cross-rates, `' b, @5 i4 L" y
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
, e# r0 d! F4 E8 K8 E0 z- E MEUR/CAD 1.57 1.56 1.55 1.56 1.56 1.54 1.53 1.51
, C$ S/ W. n9 O: X. Y! j( {; y% mGBP/CAD 1.71 1.77 1.78 1.81 1.83 1.81 1.82 1.825 o. _' T- `, G3 o3 t
NZD/CAD 0.77 0.77 0.80 0.81 0.81 0.79 0.78 0.77, s' t' j& T. P' |: f
CAD/JPY 83.9 84.6 83.3 83.2 83.2 82.2 83.3 86.3
5 k/ v) ?* Q! d9 g/ C5 N- \9 wAUD/CAD 0.94 0.94 0.97 0.95 0.94 0.91 0.90 0.88
' T& k, W5 E0 g j* D. c: r( u9 x3 I
Source: Bloomberg, RBC Economics Research |
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