Dollar will outperform euro in the near term, says Barclays
Barclays has topped this week's three-month currency forecast rankings with an accurate expectation that the euro would appreciate during the tail end of 2012.
On October 26, 2012 the bank forecast EUR/USD would rise from 1.29 to 1.35 in three months' time – going against the consensus view that the pair would fall to 1.27. The euro strengthened in line with Barclays' expectation, and was trading at 1.3325 on January 21, according to data from Thomson Reuters.
"The immediate trigger we expected
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