FINANCIAL MARKETS DAILY

The material contained in this report is the property of Royal Bank of Canada and may not be reproduced in any way, in whole or in part, without express authorization of the copyright holder in writing. The statements and statistics contained herein have been prepared by RBC Economics Research based on information from sources con-sidered to be reliable. We make no representation or warranty, express or implied, as to its accuracy or completeness. This publication is for the information of investors and business persons and does not constitute an offer to sell or a solicitation to buy securities. ®Registered trademark of Royal Bank of Canada. ©Royal Bank of Canada. FINANCIAL MARKETS DAILY North American interest rates Foreign exchange rates Cross currency rates Forward exchange rates May 15, 201815-May-18TermCanada U.S. SpreadCanada U.S. SpreadCanada U.S. SpreadThree-month1.24 1.92 -0.681.21 1.87 -0.661.19 1.79 -0.60Six-month1.40 2.09 -0.691.39 2.04 -0.651.35 2.00 -0.65Two-year2.00 2.55 -0.551.92 2.51 -0.591.88 2.39 -0.51Three-year2.13 2.71 -0.582.02 2.63 -0.622.01 2.53 -0.52Five-year2.25 2.86 -0.612.15 2.79 -0.642.13 2.69 -0.5610-year2.44 3.00 -0.562.33 2.95 -0.632.28 2.83 -0.5530-year2.47 3.13 -0.662.41 3.12 -0.712.38 3.03 -0.65Treasury and money markets ratesTodayWeek agoFour weeks ago15-May-18US/CAD US/EUR US/GBP JPY/US MXN/US CHF/US US/AUD CNY/US US/NZD Silver GoldToday0.78003 1.1884 1.3522 110.055 19.671 1.0022 0.7499 6.365 0.6904 16.37 1306Week ago0.7722 1.1864 1.3546 109.125 19.570 1.0017 0.7451 6.3728 0.697 16.48 1314.5Four Weeks Ago0.79694 1.2371 1.4288 107.005 18.048 0.9662 0.7767 6.285 0.7343 16.78 1347.315-May-18USDCADEURMXNJPYGBPCHFAUDUSD1.00.78 1.18835 0.050837 0.009086 1.35215 0.997805 0.74985CAD1.2820 1.0 1.5235 0.0652 0.0116 1.7335 1.2792 0.9613EUR0.8415 0.6564 1.0 0.0428 0.0076 1.1378 0.8397 0.6310MXN19.6708 15.3438 23.3758 1.0 0.1787 26.5979 19.6276 14.7501JPY110.06 85.85 130.78 5.591.0 148.81 109.81 82.52GBP0.7396 0.5769 0.8789 0.0376 0.0067 1.0 0.7379 0.5546CHF1.0022 0.7817 1.1910 0.0509 0.0091 1.3551 1.0 0.7515AUD1.3336 1.0402 1.5848 0.0678 0.0121 1.8032 1.3307 1.015-May-18Spot One-month Three-month Six-month One-year Two-year Three-year Four-year Five-yearC$1.282 1.28141.2797 1.2778 1.2742 1.2684 1.2635 1.2616 1.2595Euro*1.1884 1.19101.1966 1.2056 1.2249 1.2652 1.3023 1.3357 1.3660Yen110.055 109.8430 109.3730 108.6155 106.9670 103.4201 99.8850 96.4360 93.1430UK pound*1.3522 1.35391.3580 1.3641 1.3770 1.4029 1.4264 1.4476 1.4672US$0.78 0.78040.7815 0.7826 0.7848 0.7884 0.7914 0.7927 0.7940Euro*1.5235 1.52621.5313 1.5405 1.5608 1.6047 1.6455 1.6850 1.7204Yen85.8463 85.7285.4785.00 83.95 81.54 79.05 76.44 73.95UK pound*1.7335 1.73491.7378 1.7430 1.7546 1.7795 1.8023 1.8262 1.8479