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Currency outlook# g" p( z# i- R3 {
Level, end of period
$ i- M7 {3 ~; t8 URBC Economics outlook compared to the market
1 c9 |0 S" R7 [6 y9 WSource: Bloomberg, RBC Economics Research
4 H- ^1 H) s3 h/ |% e5 S# v/ x09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
6 H4 S$ T( A1 d* ], c: \% iCanadian dollar 1.07 1.04 1.02 1.01 1.01 1.01 1.02 1.02% J; b2 m1 H+ q {, o i5 b5 Q4 G
Euro 1.46 1.50 1.52 1.54 1.54 1.52 1.50 1.48
8 y) j9 U# F) t2 y. g% @0 l) lU.K. pound sterling 1.60 1.70 1.75 1.79 1.81 1.79 1.79 1.78& |; Z0 L! c' O8 a2 V
New Zealand dollar 0.72 0.74 0.78 0.80 0.80 0.78 0.76 0.75) Y. _) l4 e( `% l- T0 T6 R
Japanese yen 89.7 88.0 85.0 84.0 84.0 83.0 85.0 88.0
5 W [$ W5 X2 I1 JChinese renminbi 6.83 6.83 6.80 6.70 6.60 6.50 6.40 6.30( _5 ~1 J+ p/ }. X8 C6 I! O
Australian dollar 0.88 0.90 0.95 0.94 0.93 0.90 0.88 0.86
1 |% l* F, V) g/ I) EMexican peso 13.51 12.75 12.50 12.25 12.00 11.75 11.75 11.50
1 Y2 w7 S# j" j2 b2 \+ _4 \) g
& ?1 T. |' {7 z5 i5 ?3 K" qCanadian dollar cross-rates8 t; H) b! |+ |) A" e
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
6 [# u) l, o9 c& vEUR/CAD 1.57 1.56 1.55 1.56 1.56 1.54 1.53 1.51- `# o& d7 D# |3 k
GBP/CAD 1.71 1.77 1.78 1.81 1.83 1.81 1.82 1.82
4 o0 {6 f# K* RNZD/CAD 0.77 0.77 0.80 0.81 0.81 0.79 0.78 0.77
2 l+ M# b, r! H6 V$ Z+ u& GCAD/JPY 83.9 84.6 83.3 83.2 83.2 82.2 83.3 86.3
* u# k/ r/ `$ K/ K7 g; E$ s0 tAUD/CAD 0.94 0.94 0.97 0.95 0.94 0.91 0.90 0.88
, q( Z n1 k, s7 v) r" d" b: s6 r/ J5 Z1 a+ a" S. e# G
Source: Bloomberg, RBC Economics Research |
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