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Currency outlook/ N6 p, h" d1 r" u+ p
Level, end of period" Q8 I) q( X8 m
RBC Economics outlook compared to the market
/ l4 Q& A7 {$ l! k4 n0 Z3 YSource: Bloomberg, RBC Economics Research7 W5 v$ w4 c! V! M4 J* k: L8 |
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
* I' O) }4 Y+ {Canadian dollar 1.07 1.04 1.02 1.01 1.01 1.01 1.02 1.02
2 c1 K7 O3 S0 i- \2 EEuro 1.46 1.50 1.52 1.54 1.54 1.52 1.50 1.48
% p: z7 @& l+ QU.K. pound sterling 1.60 1.70 1.75 1.79 1.81 1.79 1.79 1.78
5 Y- M& C$ G* o: _: yNew Zealand dollar 0.72 0.74 0.78 0.80 0.80 0.78 0.76 0.757 e6 c% ~+ N( M5 s6 b% h) b
Japanese yen 89.7 88.0 85.0 84.0 84.0 83.0 85.0 88.0! M3 M `& @1 D0 H
Chinese renminbi 6.83 6.83 6.80 6.70 6.60 6.50 6.40 6.307 {+ I$ j, _- i+ r6 g
Australian dollar 0.88 0.90 0.95 0.94 0.93 0.90 0.88 0.863 Q9 J+ d" A2 o- w8 l3 r9 Y
Mexican peso 13.51 12.75 12.50 12.25 12.00 11.75 11.75 11.50
# z5 N9 @9 Z. T: X+ Z3 z
* h. f5 P! I$ X8 I7 g) VCanadian dollar cross-rates0 Q. T/ P* Z/ I0 f/ Y
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
3 z8 G j# j# I" t9 LEUR/CAD 1.57 1.56 1.55 1.56 1.56 1.54 1.53 1.515 Y# s/ U' n; @
GBP/CAD 1.71 1.77 1.78 1.81 1.83 1.81 1.82 1.82% |8 T3 y% T& |4 x( h! r
NZD/CAD 0.77 0.77 0.80 0.81 0.81 0.79 0.78 0.771 s) u v% f3 f0 M6 s4 B8 `$ o
CAD/JPY 83.9 84.6 83.3 83.2 83.2 82.2 83.3 86.3
{ M& @- b8 j" w7 c4 aAUD/CAD 0.94 0.94 0.97 0.95 0.94 0.91 0.90 0.88
8 I2 ]3 t: W/ v) i* _. p+ @3 Y( m7 u n% B' w' p; }5 ?$ p
Source: Bloomberg, RBC Economics Research |
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