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Currency outlook" _; v- O" V; b, k. a
Level, end of period. S* L. j. _. H* H) h
RBC Economics outlook compared to the market
, M& X. P, Z y$ uSource: Bloomberg, RBC Economics Research" f t4 w. U6 `7 o' x
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
( f3 a `# g9 E' A$ R0 ?0 lCanadian dollar 1.07 1.04 1.02 1.01 1.01 1.01 1.02 1.02: R- W/ F& @) ]( M# X, I
Euro 1.46 1.50 1.52 1.54 1.54 1.52 1.50 1.48" m9 l8 Q4 _* r) Q7 a8 L
U.K. pound sterling 1.60 1.70 1.75 1.79 1.81 1.79 1.79 1.78
' _0 T0 w4 ]7 T$ J+ xNew Zealand dollar 0.72 0.74 0.78 0.80 0.80 0.78 0.76 0.750 U' V2 O: x r/ D$ s5 u+ A: g
Japanese yen 89.7 88.0 85.0 84.0 84.0 83.0 85.0 88.0: R0 l0 I; p8 X
Chinese renminbi 6.83 6.83 6.80 6.70 6.60 6.50 6.40 6.30
4 s' z# n/ D" N1 qAustralian dollar 0.88 0.90 0.95 0.94 0.93 0.90 0.88 0.86
) S: t# p x$ A' \. P3 CMexican peso 13.51 12.75 12.50 12.25 12.00 11.75 11.75 11.505 a) P9 E" x/ } v' ^0 Z
0 Y4 r9 o, k* l4 c1 R4 O2 W
Canadian dollar cross-rates
. `/ k; C/ M% H0 A ?) T09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2% N" K2 _" C- P
EUR/CAD 1.57 1.56 1.55 1.56 1.56 1.54 1.53 1.51
f; M) `1 k% s" \$ T3 k0 uGBP/CAD 1.71 1.77 1.78 1.81 1.83 1.81 1.82 1.82" B% I: H- x, X6 x6 u1 P7 n2 I
NZD/CAD 0.77 0.77 0.80 0.81 0.81 0.79 0.78 0.77
' z1 Z6 s( e; {! j7 a) k( \CAD/JPY 83.9 84.6 83.3 83.2 83.2 82.2 83.3 86.3
7 D! w& b" F1 \# EAUD/CAD 0.94 0.94 0.97 0.95 0.94 0.91 0.90 0.88
9 L' M6 R$ d9 Y+ P0 V; U P b& H: f8 J9 i0 ? p/ _
Source: Bloomberg, RBC Economics Research |
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