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Currency outlook& c r4 U- T1 k* C M
Level, end of period
' j& F' u" @' X, S% ^RBC Economics outlook compared to the market
* o* h7 f$ J/ W. d9 F- iSource: Bloomberg, RBC Economics Research
5 H; [( Y# o/ K. A( ?* f7 h. ^09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
* `# Q& _% j2 r7 Q$ c+ zCanadian dollar 1.07 1.04 1.02 1.01 1.01 1.01 1.02 1.02, e; x" s6 \7 r- o' f. k, Z
Euro 1.46 1.50 1.52 1.54 1.54 1.52 1.50 1.48
V$ M" k5 W$ j N1 h. qU.K. pound sterling 1.60 1.70 1.75 1.79 1.81 1.79 1.79 1.788 Y: w: i3 m0 Q) y/ ^2 R' w4 H! e! D
New Zealand dollar 0.72 0.74 0.78 0.80 0.80 0.78 0.76 0.75
8 _) }+ A3 |; V5 L- u oJapanese yen 89.7 88.0 85.0 84.0 84.0 83.0 85.0 88.06 {8 Q J4 k1 d0 G) a
Chinese renminbi 6.83 6.83 6.80 6.70 6.60 6.50 6.40 6.30
7 K5 |4 ?( u5 A1 [Australian dollar 0.88 0.90 0.95 0.94 0.93 0.90 0.88 0.86
3 X' G2 u3 |/ r' h, C$ lMexican peso 13.51 12.75 12.50 12.25 12.00 11.75 11.75 11.504 B' @5 m9 }. Q7 q) t* }3 w
5 p1 y+ a9 {( i! I) d
Canadian dollar cross-rates/ y- S: M- C7 A" J5 h7 K3 {
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q20 G& U! E5 S4 w2 I3 o) f+ ~
EUR/CAD 1.57 1.56 1.55 1.56 1.56 1.54 1.53 1.51/ Y8 w2 z( T8 p4 h" Q+ V) c
GBP/CAD 1.71 1.77 1.78 1.81 1.83 1.81 1.82 1.82
: n' u5 a9 F- e! e! uNZD/CAD 0.77 0.77 0.80 0.81 0.81 0.79 0.78 0.77
( ~% F; d. T' u' O7 d1 Z6 Q# v4 GCAD/JPY 83.9 84.6 83.3 83.2 83.2 82.2 83.3 86.3) b: J# {3 C! m; i; z, |5 Z
AUD/CAD 0.94 0.94 0.97 0.95 0.94 0.91 0.90 0.88
# b, g% P4 c0 n% e2 P# m5 j! D/ x! O/ W+ E* C2 m. Z
Source: Bloomberg, RBC Economics Research |
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