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Currency outlook6 L0 j- k) a4 Q( l) Y2 K1 |
Level, end of period3 O R9 ]$ s, O1 z5 e/ ?
RBC Economics outlook compared to the market+ P) r/ o @" }# C- x: ~
Source: Bloomberg, RBC Economics Research
6 C6 A7 }8 O B" L09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
3 S, Q* n$ X* d; e! XCanadian dollar 1.07 1.04 1.02 1.01 1.01 1.01 1.02 1.02
" ^& b1 b. Q" n2 V y; u8 }3 uEuro 1.46 1.50 1.52 1.54 1.54 1.52 1.50 1.48% n4 P/ E2 q# @6 Z- o0 R/ B
U.K. pound sterling 1.60 1.70 1.75 1.79 1.81 1.79 1.79 1.78! T% n- i1 A' V, e( S i$ e
New Zealand dollar 0.72 0.74 0.78 0.80 0.80 0.78 0.76 0.75
' R: b K6 P& } G4 Z3 ?0 M s; p- DJapanese yen 89.7 88.0 85.0 84.0 84.0 83.0 85.0 88.01 t/ E# X) o- G) ` v
Chinese renminbi 6.83 6.83 6.80 6.70 6.60 6.50 6.40 6.30, U( u6 A- X. a5 N! }( d
Australian dollar 0.88 0.90 0.95 0.94 0.93 0.90 0.88 0.86; l Q! l* g( N4 S+ z/ C' e
Mexican peso 13.51 12.75 12.50 12.25 12.00 11.75 11.75 11.503 O$ y: F0 p \$ l
7 Z4 P$ b: H k d0 o6 vCanadian dollar cross-rates8 s5 g% i4 `* B; p0 f
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q24 y& d* i1 Y1 M# P. _; e4 U% \
EUR/CAD 1.57 1.56 1.55 1.56 1.56 1.54 1.53 1.51) o- a2 H$ @5 u6 i
GBP/CAD 1.71 1.77 1.78 1.81 1.83 1.81 1.82 1.82
6 {9 \, q3 D0 |4 }% {% ^( ENZD/CAD 0.77 0.77 0.80 0.81 0.81 0.79 0.78 0.778 t/ W0 b: F4 Y* b" e1 Q: q8 W
CAD/JPY 83.9 84.6 83.3 83.2 83.2 82.2 83.3 86.3# L0 b; ^ A4 _6 o+ i- u, F
AUD/CAD 0.94 0.94 0.97 0.95 0.94 0.91 0.90 0.88
9 @0 P% r+ u0 f( z7 ?# Z
3 Y+ G) @7 n& J# l) { j) {Source: Bloomberg, RBC Economics Research |
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