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Currency outlook7 g( h' C6 E$ p3 i7 Y) y
Level, end of period. B8 E \3 D9 e
RBC Economics outlook compared to the market G4 f" F" h- K9 I$ P) y8 }# S
Source: Bloomberg, RBC Economics Research
2 V6 u$ V/ [6 O# S09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q21 {: G' F0 N! I% d7 l5 Z
Canadian dollar 1.07 1.04 1.02 1.01 1.01 1.01 1.02 1.02. X2 l3 f* F, I
Euro 1.46 1.50 1.52 1.54 1.54 1.52 1.50 1.48) x- _' ?5 }& f% D/ v5 ^ _
U.K. pound sterling 1.60 1.70 1.75 1.79 1.81 1.79 1.79 1.78( ?' p# a& S# t+ z+ z$ I* u+ p
New Zealand dollar 0.72 0.74 0.78 0.80 0.80 0.78 0.76 0.75
5 Y Z. e! D* s7 Q! P4 |& R; UJapanese yen 89.7 88.0 85.0 84.0 84.0 83.0 85.0 88.0
4 n1 w! O# C! m; pChinese renminbi 6.83 6.83 6.80 6.70 6.60 6.50 6.40 6.30
~: _* c/ E! [; x- c) L3 m& tAustralian dollar 0.88 0.90 0.95 0.94 0.93 0.90 0.88 0.862 B4 S+ d% h0 T$ x: n9 ^4 g
Mexican peso 13.51 12.75 12.50 12.25 12.00 11.75 11.75 11.50 }8 M. H* j6 x" i
) u! O$ Z: w; @, Z9 E) y8 u1 d
Canadian dollar cross-rates
0 o7 |2 Q5 v6 X, ^: @# d' x09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q28 j. _+ w/ A) _, g, \* w3 O2 P
EUR/CAD 1.57 1.56 1.55 1.56 1.56 1.54 1.53 1.51
; ?/ v; ]2 H0 X5 f2 QGBP/CAD 1.71 1.77 1.78 1.81 1.83 1.81 1.82 1.82
7 n& v% j/ G+ G1 DNZD/CAD 0.77 0.77 0.80 0.81 0.81 0.79 0.78 0.77
3 N: H$ K6 u5 c- iCAD/JPY 83.9 84.6 83.3 83.2 83.2 82.2 83.3 86.3; D( K7 D9 Y1 o# R
AUD/CAD 0.94 0.94 0.97 0.95 0.94 0.91 0.90 0.88
$ T$ Z/ Z5 I2 \8 o+ s& \# E/ J* i, K) m" q6 a8 ]
Source: Bloomberg, RBC Economics Research |
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