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Currency outlook
. v1 W2 X5 r' E% ELevel, end of period
1 \4 d, F( c9 P4 Q5 s6 kRBC Economics outlook compared to the market
- M, l3 k7 i. r/ z' S5 P/ ESource: Bloomberg, RBC Economics Research. U% p, ?* D1 z4 _& m- M% t
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
0 }) k3 ~6 c. @& D& ` V) E) |, b* D. XCanadian dollar 1.07 1.04 1.02 1.01 1.01 1.01 1.02 1.022 I. F0 P0 F' N
Euro 1.46 1.50 1.52 1.54 1.54 1.52 1.50 1.48
3 v% d! _# x4 ]U.K. pound sterling 1.60 1.70 1.75 1.79 1.81 1.79 1.79 1.78' t5 Q: y, u. D5 g6 K, C
New Zealand dollar 0.72 0.74 0.78 0.80 0.80 0.78 0.76 0.75$ j, o3 s% k+ Z2 |0 |& B+ k- I
Japanese yen 89.7 88.0 85.0 84.0 84.0 83.0 85.0 88.04 w9 o* Q$ \8 K9 l7 n
Chinese renminbi 6.83 6.83 6.80 6.70 6.60 6.50 6.40 6.30
/ _; W# I3 j4 M) RAustralian dollar 0.88 0.90 0.95 0.94 0.93 0.90 0.88 0.867 }- p% T2 F- d1 K
Mexican peso 13.51 12.75 12.50 12.25 12.00 11.75 11.75 11.50/ q6 }$ d1 c+ U" e& l; y7 b
' [3 p% N$ n1 x7 N5 _Canadian dollar cross-rates7 f: `) g8 Y( E+ ]+ m: Q% a
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2
2 F3 S1 J8 H! M8 M6 R% ~5 REUR/CAD 1.57 1.56 1.55 1.56 1.56 1.54 1.53 1.51
" x7 ]% }# x0 |4 `$ d# r4 @) WGBP/CAD 1.71 1.77 1.78 1.81 1.83 1.81 1.82 1.82
8 j; U' l- u* kNZD/CAD 0.77 0.77 0.80 0.81 0.81 0.79 0.78 0.77( N U5 k% ]8 h7 L) q
CAD/JPY 83.9 84.6 83.3 83.2 83.2 82.2 83.3 86.3
. Z. @, S' H$ M. x/ ]* G; aAUD/CAD 0.94 0.94 0.97 0.95 0.94 0.91 0.90 0.88
$ [9 Z) G9 y7 {, R9 j1 Z# R
/ I1 j8 ^) p: G3 T0 PSource: Bloomberg, RBC Economics Research |
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