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Currency outlook# ?0 J6 J8 M b1 C
Level, end of period# V$ B$ w: {, }9 D: z ~* _8 l2 W
RBC Economics outlook compared to the market0 O& v3 a3 B$ U, i, F
Source: Bloomberg, RBC Economics Research) |8 `* a) `4 K
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
& ?/ o _: M6 g2 W Z! v9 wCanadian dollar 1.07 1.04 1.02 1.01 1.01 1.01 1.02 1.02, D h3 v+ Z3 }( ^
Euro 1.46 1.50 1.52 1.54 1.54 1.52 1.50 1.482 k/ w9 z% I; W: ]/ E6 u2 Y
U.K. pound sterling 1.60 1.70 1.75 1.79 1.81 1.79 1.79 1.78
; \4 j8 Y2 U7 c- Z: {! y1 XNew Zealand dollar 0.72 0.74 0.78 0.80 0.80 0.78 0.76 0.75
6 i$ d. P& p. E9 ]Japanese yen 89.7 88.0 85.0 84.0 84.0 83.0 85.0 88.0
! r3 c( Q; y6 ^5 ~Chinese renminbi 6.83 6.83 6.80 6.70 6.60 6.50 6.40 6.30+ s( ~6 O3 \/ }" F0 n: ^
Australian dollar 0.88 0.90 0.95 0.94 0.93 0.90 0.88 0.86! k0 u* p$ B" E) |2 } @& o5 Q. k
Mexican peso 13.51 12.75 12.50 12.25 12.00 11.75 11.75 11.508 X- ]4 J$ M5 ?* O
+ }5 {* J6 I$ z& f
Canadian dollar cross-rates6 N+ P; w% A8 [" J; s" }5 ~
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
" R1 c, b/ m6 A+ xEUR/CAD 1.57 1.56 1.55 1.56 1.56 1.54 1.53 1.513 }$ z( X2 \ ?- d" p
GBP/CAD 1.71 1.77 1.78 1.81 1.83 1.81 1.82 1.82; Q9 |% S) W J7 L7 ~
NZD/CAD 0.77 0.77 0.80 0.81 0.81 0.79 0.78 0.77
' s3 W" N! S, YCAD/JPY 83.9 84.6 83.3 83.2 83.2 82.2 83.3 86.3
. P" ^' w' a: N% k Z) HAUD/CAD 0.94 0.94 0.97 0.95 0.94 0.91 0.90 0.88
* z4 M1 Q3 F- O# K! ^. r& Q" J) S: B4 a( J8 z
Source: Bloomberg, RBC Economics Research |
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