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Currency outlook- ]4 i3 x9 w- A! x
Level, end of period
' l; T# }! [5 c, W# |) wRBC Economics outlook compared to the market
2 a# F- W- r: ]6 u% y5 vSource: Bloomberg, RBC Economics Research. [ X+ o8 p" [: v: }3 U3 h
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
3 m) } j3 _2 H- V" ACanadian dollar 1.07 1.04 1.02 1.01 1.01 1.01 1.02 1.02
- `1 c" ^5 ^: E: [Euro 1.46 1.50 1.52 1.54 1.54 1.52 1.50 1.48
" [: u. Q, M. [* f# m7 aU.K. pound sterling 1.60 1.70 1.75 1.79 1.81 1.79 1.79 1.782 X8 x$ x: f5 ?" p6 _" q2 T4 a
New Zealand dollar 0.72 0.74 0.78 0.80 0.80 0.78 0.76 0.75
; \. E: k6 o7 t0 P" HJapanese yen 89.7 88.0 85.0 84.0 84.0 83.0 85.0 88.0
, G4 S5 V+ | H8 }' u, O) EChinese renminbi 6.83 6.83 6.80 6.70 6.60 6.50 6.40 6.30
6 c, c5 g' L, k( p- G, g" `- EAustralian dollar 0.88 0.90 0.95 0.94 0.93 0.90 0.88 0.86
4 s* K7 J, Z* BMexican peso 13.51 12.75 12.50 12.25 12.00 11.75 11.75 11.50
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( r4 Y( i, A6 O( d l4 u: BCanadian dollar cross-rates
1 d& {9 S4 L0 X/ q9 l09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
" f: a/ M' r- ]8 lEUR/CAD 1.57 1.56 1.55 1.56 1.56 1.54 1.53 1.51
- K2 R; _6 j( A; d; bGBP/CAD 1.71 1.77 1.78 1.81 1.83 1.81 1.82 1.82
: L5 |+ u M2 }* u3 x% E6 k4 {NZD/CAD 0.77 0.77 0.80 0.81 0.81 0.79 0.78 0.77+ [( ?; Q8 N1 ?) A) F
CAD/JPY 83.9 84.6 83.3 83.2 83.2 82.2 83.3 86.3
6 E1 F2 W# _, W# _- u0 iAUD/CAD 0.94 0.94 0.97 0.95 0.94 0.91 0.90 0.88, x& I" b# `& s7 N$ t& @
7 T. {( u7 H# ~
Source: Bloomberg, RBC Economics Research |
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