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Currency outlook W6 s5 W1 [( o9 Z4 ~
Level, end of period
" z4 l+ S( X1 L: K( D2 s) ~RBC Economics outlook compared to the market5 W8 W7 e& E' h: L" L: b! v. l) F
Source: Bloomberg, RBC Economics Research1 q1 u' P; C- H4 r
09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q29 ~+ F3 O) v& q. C/ y0 V/ |
Canadian dollar 1.07 1.04 1.02 1.01 1.01 1.01 1.02 1.02
& U/ ?) d `4 e0 u. jEuro 1.46 1.50 1.52 1.54 1.54 1.52 1.50 1.48
; G& d+ ] e2 x/ g5 g A; x: xU.K. pound sterling 1.60 1.70 1.75 1.79 1.81 1.79 1.79 1.78
K/ N d9 \) HNew Zealand dollar 0.72 0.74 0.78 0.80 0.80 0.78 0.76 0.75! U% j2 [9 R- t1 y
Japanese yen 89.7 88.0 85.0 84.0 84.0 83.0 85.0 88.0
- V' z J* O3 w* h; b5 bChinese renminbi 6.83 6.83 6.80 6.70 6.60 6.50 6.40 6.30
% r0 O& i1 N) J5 X* }5 XAustralian dollar 0.88 0.90 0.95 0.94 0.93 0.90 0.88 0.86+ D( y% e; W1 s+ \3 r" @
Mexican peso 13.51 12.75 12.50 12.25 12.00 11.75 11.75 11.50
3 ~. ^: I2 E" j$ }
+ A/ G, h; b! y. ZCanadian dollar cross-rates
4 k, y: M6 S4 h; x' ]2 j09Q3 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q21 D9 G+ @- g' ~" ^! b, R
EUR/CAD 1.57 1.56 1.55 1.56 1.56 1.54 1.53 1.51
: C1 V* Q: L$ ~1 eGBP/CAD 1.71 1.77 1.78 1.81 1.83 1.81 1.82 1.82
. J# }% r6 B" O' i3 [7 ^5 {NZD/CAD 0.77 0.77 0.80 0.81 0.81 0.79 0.78 0.77 N" n) N! z8 i t! r8 O
CAD/JPY 83.9 84.6 83.3 83.2 83.2 82.2 83.3 86.30 Y1 s; O" f# j/ T( ^6 v4 @
AUD/CAD 0.94 0.94 0.97 0.95 0.94 0.91 0.90 0.88* W( z7 Q( z1 m2 ]" e
( x. T9 u% r0 I3 N% x, N: Y1 c
Source: Bloomberg, RBC Economics Research |
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