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Exchange Rate Forecast
Exchange Rate Forecast
EXCHANGE RATE
FORECASTS
DOLLAR STILL HAS ROOM TO TREND STRONGER IN 20152016 AFTER 2013-2014S LARGE GAINS
104
103
PNC Forecast
102
101
100
99
98
97
96
1.15
Jun-16
Dec-16
Dec-15
Jun-15
Dec-14
Jun-14
Dec-13
Jun-13
Dec-12
Jun-12
Dec-11
Jun-11
Dec-10
95
1.10
1.05
1.00
0.95
0.90
PNC Forecast
0.85
Dec-16
Jun-16
Dec-15
Jun-15
Dec-14
Jun-14
Dec-13
Jun-13
Dec-12
0.80
Jun-12
105
Dec-11
PNC Forecast
1.00
0.95
0.90
6.5
Dec-16
Jun-16
Dec-15
Jun-15
Dec-14
Jun-14
Dec-13
Jun-13
Dec-12
Jun-12
Dec-11
0.85
6.4
6.3
6.2
6.1
PNC Forecast
2.6
Dec-16
Jun-16
Dec-15
Jun-15
Dec-14
Jun-14
Dec-13
Jun-13
Dec-12
Jun-12
6.0
Brazilian real
per U.S. dollar
2.4
PNC Forecast
2.2
2.0
1.8
Dec-16
Jun-16
Dec-15
Jun-15
Dec-14
Jun-14
Dec-13
Jun-13
Dec-12
1.6
Jun-12
Dec-11
1.15
Dec-11
1.4
1.3
PNC Forecast
1.2
Dec-16
Dec-16
Dec-15
Jun-15
Dec-14
Jun-14
Dec-13
Jun-13
Jun-12
Jun-16
72
Dec-12
1.1
Jun-16
1.5
Dec-11
68
64
60
PNC Forecast
56
52
48
44
115
Dec-15
Jun-15
Dec-14
Jun-14
Dec-13
Jun-13
Dec-12
Jun-12
110
105
PNC Forecast
100
95
90
85
80
Dec-16
Jun-16
Dec-15
Jun-15
Dec-14
Jun-14
Dec-13
Jun-13
Dec-12
Jun-12
75
Dec-11
Dec-11
40
1,175
1,150
1,125
1,100
1,075
PNC Forecast
1,050
1,025
14.50
Dec-16
Jun-16
Dec-15
Jun-15
Dec-14
Jun-14
Dec-13
Jun-13
Dec-12
Jun-12
Dec-11
1,000
14.25
14.00
13.75
13.50
13.25
13.00
12.75
PNC Forecast
12.50
12.25
12.00
1.75
1.70
Dec-16
Jun-16
Dec-15
Jun-15
Dec-14
Jun-14
Dec-13
Jun-13
Dec-12
Jun-12
Dec-11
11.75
1.65
1.60
1.55
1.50
Dec-16
Jun-16
Dec-15
Jun-15
Dec-14
Jun-14
Dec-13
Jun-13
1.45
Dec-12
1,200
Jun-12
1,225
Dec-11
Table and chart sources: Reserve Bank of Australia, Bank of Canada, China Foreign Exchange Trading
Center, Banco Central do Brasil, Bank of Japan, European Central Bank, Reserve Bank of India, Bank
of Korea, Bank of England, CEIC, The PNC Financial Services Group
Visit http://www.pnc.com/economicreports to view the full listing of economic reports published by PNCs
economists.
Disclaimer: The material presented is of a general nature and does not constitute the provision of investment or economic advice
to any person, or a recommendation to buy or sell any security or adopt any investment strategy. Opinions and forecasts
expressed herein are subject to change without notice. Relevant information was obtained from sources deemed reliable. Such
information is not guaranteed as to its accuracy. You should seek the advice of an investment professional to tailor a financial
plan to your particular needs. 2014 The PNC Financial Services Group, Inc. All rights reserved.