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Currency outlook8 N# U4 T5 |8 _
Level, end of period
& L, @; K& J, y$ P! @4 W+ pRBC Economics outlook compared to the market
: t2 C6 v/ M5 b) k. E/ ^- Y F1 Y. W$ D K/ GSource: Bloomberg, RBC Economics Research
c" }3 U0 Q7 Q ^09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2' O6 y; ` O8 @( O5 {& k' x+ v
Canadian dollar 1.07 1.04 1.02 1.01 1.01 1.01 1.02 1.02
: R- z2 w1 i: b6 G5 q7 s3 AEuro 1.46 1.50 1.52 1.54 1.54 1.52 1.50 1.48
; K) L8 k0 N, c- OU.K. pound sterling 1.60 1.70 1.75 1.79 1.81 1.79 1.79 1.78
$ _4 O: t3 k5 ZNew Zealand dollar 0.72 0.74 0.78 0.80 0.80 0.78 0.76 0.75
3 e! [, t( V* [4 Y AJapanese yen 89.7 88.0 85.0 84.0 84.0 83.0 85.0 88.0+ f3 I4 h. H' e- e4 P' `
Chinese renminbi 6.83 6.83 6.80 6.70 6.60 6.50 6.40 6.303 J$ D! c. S. U' N
Australian dollar 0.88 0.90 0.95 0.94 0.93 0.90 0.88 0.86+ u& e, E2 ?! Z q- |( ~ m
Mexican peso 13.51 12.75 12.50 12.25 12.00 11.75 11.75 11.50
! E" f0 q) j7 P# T" A% v' V
d. k& W% z' l7 n& Y: @" u4 x/ d) g0 ACanadian dollar cross-rates9 F0 \2 u6 A2 B+ g" l) I
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
* K' t( R' l$ X; [9 m8 _EUR/CAD 1.57 1.56 1.55 1.56 1.56 1.54 1.53 1.51
& u! w0 S2 }/ ^GBP/CAD 1.71 1.77 1.78 1.81 1.83 1.81 1.82 1.824 A- ]8 g1 y; v3 F* x
NZD/CAD 0.77 0.77 0.80 0.81 0.81 0.79 0.78 0.776 _" i; P+ B0 f, D8 C4 T
CAD/JPY 83.9 84.6 83.3 83.2 83.2 82.2 83.3 86.3
: A! I7 z7 ?0 F) x( ?AUD/CAD 0.94 0.94 0.97 0.95 0.94 0.91 0.90 0.88& R9 e: f: E R+ \2 b& M) R" }5 l
, I7 x/ o D, \, L3 J, R
Source: Bloomberg, RBC Economics Research |
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