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Currency outlook; L0 P- P0 ?# h/ F9 y
Level, end of period! x% {1 c1 |" J5 P. [9 ?$ R
RBC Economics outlook compared to the market$ o: v5 P% Y2 T1 o
Source: Bloomberg, RBC Economics Research g D/ F5 h# r; R: @2 t
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
) N4 U' d% k$ J( ]1 I( cCanadian dollar 1.07 1.04 1.02 1.01 1.01 1.01 1.02 1.028 m, Y8 T; K ~2 N* B" N
Euro 1.46 1.50 1.52 1.54 1.54 1.52 1.50 1.48
u3 x- A4 _2 S: w) ?5 gU.K. pound sterling 1.60 1.70 1.75 1.79 1.81 1.79 1.79 1.78
# e3 d" c5 z" `- BNew Zealand dollar 0.72 0.74 0.78 0.80 0.80 0.78 0.76 0.75% }& ~3 y* ~, `' v
Japanese yen 89.7 88.0 85.0 84.0 84.0 83.0 85.0 88.04 p/ H0 Y+ Y& K( X/ m
Chinese renminbi 6.83 6.83 6.80 6.70 6.60 6.50 6.40 6.306 ]1 }# G" G% _3 |. G6 V
Australian dollar 0.88 0.90 0.95 0.94 0.93 0.90 0.88 0.86. R& o0 h, I1 k- \4 i0 }: D
Mexican peso 13.51 12.75 12.50 12.25 12.00 11.75 11.75 11.503 T7 n, o) _/ i; `; Z, E% N1 [! \
~& }& `% [4 K, U
Canadian dollar cross-rates
2 g4 w3 T# ]( o0 `0 D09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
: Q8 u; ~/ }9 R. D( SEUR/CAD 1.57 1.56 1.55 1.56 1.56 1.54 1.53 1.51
9 B6 d' M& P& y( ~; g) n3 t6 ~GBP/CAD 1.71 1.77 1.78 1.81 1.83 1.81 1.82 1.82
7 B, ?4 @; H6 u. e! F- }; C: N1 wNZD/CAD 0.77 0.77 0.80 0.81 0.81 0.79 0.78 0.77- d9 }5 g8 |% G0 x2 Y1 N9 a3 K
CAD/JPY 83.9 84.6 83.3 83.2 83.2 82.2 83.3 86.3+ r1 N' A- M. a& B ]* z
AUD/CAD 0.94 0.94 0.97 0.95 0.94 0.91 0.90 0.886 a2 ~, a0 J. @% j9 w- Z7 ^4 x
* V! S2 i, W: j, ?
Source: Bloomberg, RBC Economics Research |
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