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Barclays Plc Revises Forecast for Euro Against Dollar

(Corrects direction of exchange rates.)

July 30 (Bloomberg) -- Barclays Plc revised its one-month forecast for the euro to $1.27, compared with the previous estimate of $1.20. The greenback advanced 0.3 percent to $1.3039, from $1.3079 yesterday.

The dollar will fare better versus the euro as U.S. economic data begin to improve, Paul Robinson, a currency strategist at Barclays in London, wrote in a note to clients.

To contact the reporter on this story: Catarina Saraiva in New York at

To contact the editor responsible for this story: Dave Liedtka at

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