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Currency outlook3 T1 M* Z0 z( |- ~0 I
Level, end of period E$ s$ t8 _4 [/ P
RBC Economics outlook compared to the market4 R3 A T. G; ~/ ^
Source: Bloomberg, RBC Economics Research
( e8 z2 l9 F! E+ m09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q25 P( f/ B$ ^2 [ B, S ]7 z
Canadian dollar 1.07 1.04 1.02 1.01 1.01 1.01 1.02 1.02
% A6 x/ h% I8 I5 J+ D' GEuro 1.46 1.50 1.52 1.54 1.54 1.52 1.50 1.489 u& p* W. H, E: F3 L1 a
U.K. pound sterling 1.60 1.70 1.75 1.79 1.81 1.79 1.79 1.78% Y d: y1 O$ @8 R: j
New Zealand dollar 0.72 0.74 0.78 0.80 0.80 0.78 0.76 0.75! H) p& m j4 _( x1 R) N
Japanese yen 89.7 88.0 85.0 84.0 84.0 83.0 85.0 88.0' L6 s# y2 b4 ^. A t$ ~
Chinese renminbi 6.83 6.83 6.80 6.70 6.60 6.50 6.40 6.30
# Y- s6 F) F3 i; d5 |Australian dollar 0.88 0.90 0.95 0.94 0.93 0.90 0.88 0.86/ k0 K+ p6 I& T: {
Mexican peso 13.51 12.75 12.50 12.25 12.00 11.75 11.75 11.508 }, y, r3 L3 d1 E" p/ L! x0 S
+ s% n4 _! C M4 N8 P1 a
Canadian dollar cross-rates+ c( W, ~; r7 Q2 }* @! L( p6 W
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
+ O3 \4 ]" h7 @7 \$ k% eEUR/CAD 1.57 1.56 1.55 1.56 1.56 1.54 1.53 1.51
9 O! Q/ u1 r0 T( H" B& ?0 O& o7 tGBP/CAD 1.71 1.77 1.78 1.81 1.83 1.81 1.82 1.826 G$ k9 Q, f$ I5 `# e: ^5 ^! K
NZD/CAD 0.77 0.77 0.80 0.81 0.81 0.79 0.78 0.77
! z* ]) Z- l/ P9 g# K" b& hCAD/JPY 83.9 84.6 83.3 83.2 83.2 82.2 83.3 86.3* J; \( P- H) r3 C' p
AUD/CAD 0.94 0.94 0.97 0.95 0.94 0.91 0.90 0.885 E; I) p* P& [5 U
: ~2 x- W4 V2 b; z
Source: Bloomberg, RBC Economics Research |
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