Dollar strength to drive FX markets into 2014, says Lloyds
Lloyds Bank has topped this week's one-month currency forecast rankings with an accurate prediction that the euro would remain steady at 1.33 against the dollar, although looking forward the bank expects the dollar's increasing strength to be the driving force of currency markets, to the detriment of other major currencies.
On August 16, Lloyds forecast EUR/USD would remain at 1.33 in a month's time, but fall as far as 1.20 by mid-2014. The significant disparity between the bank's short-term and
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