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Currency outlook6 H( b& f& t0 U6 L& j" ~
Level, end of period" Q( Z4 k* Z2 s C- @* I
RBC Economics outlook compared to the market6 v; g( O! E" w5 d
Source: Bloomberg, RBC Economics Research: G2 ^+ h* _& x
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q27 m* ^" g9 ]' Z0 d, f
Canadian dollar 1.07 1.04 1.02 1.01 1.01 1.01 1.02 1.02
$ {6 M3 L- f) L. I# q9 {5 U/ YEuro 1.46 1.50 1.52 1.54 1.54 1.52 1.50 1.480 H! b. Y `9 q/ ~& X6 l: ]
U.K. pound sterling 1.60 1.70 1.75 1.79 1.81 1.79 1.79 1.78
a/ m3 M3 X n/ rNew Zealand dollar 0.72 0.74 0.78 0.80 0.80 0.78 0.76 0.75
: w9 b7 I* `& M' u/ TJapanese yen 89.7 88.0 85.0 84.0 84.0 83.0 85.0 88.0
& N8 G9 P7 C) d9 c- PChinese renminbi 6.83 6.83 6.80 6.70 6.60 6.50 6.40 6.30
1 v3 v( ]; U3 b1 W' d; H* LAustralian dollar 0.88 0.90 0.95 0.94 0.93 0.90 0.88 0.86) I- f( f, o# ~
Mexican peso 13.51 12.75 12.50 12.25 12.00 11.75 11.75 11.50
" E8 v- q/ ~' U2 w7 i, k T* n/ {& z# W8 h1 o# U6 }
Canadian dollar cross-rates" I" Q2 ]( v+ w" ? b- M
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
4 J! e1 \' d, |EUR/CAD 1.57 1.56 1.55 1.56 1.56 1.54 1.53 1.51
2 a% [- Q3 R. G* SGBP/CAD 1.71 1.77 1.78 1.81 1.83 1.81 1.82 1.822 V2 I3 c4 ]' [( S, V5 Z, o% g; _7 b
NZD/CAD 0.77 0.77 0.80 0.81 0.81 0.79 0.78 0.77
- ~+ `. h @( R9 @% T4 B; uCAD/JPY 83.9 84.6 83.3 83.2 83.2 82.2 83.3 86.3, K+ u7 Z) T. j2 q& G2 U
AUD/CAD 0.94 0.94 0.97 0.95 0.94 0.91 0.90 0.88
" |/ }, ~% q' t k W. y0 c$ O) n
0 E0 T8 Q9 y8 J$ m' NSource: Bloomberg, RBC Economics Research |
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