Published by Mark Smith-HalvorsenThe euro is set to fall to $1.25 in foreign exchange trading before the end of the year.That is according to Barclays Capital, which changed its forecasts for the single currency, also predicting that it will hit 94 yen before 2011 draws to a close, reports the Wall Street Journal.At 13:50 local time in Asia today (September 22nd) the euro was down from yesterday's $1.3570 in New York to hit $1.3540.Commenting on the outlook, a senior dealer at Tokyo Forex and Ueda Harlow Masanobu Ishikawa stated: "The euro has just too many negative factors."Investors may now look for further clues about the strength of the market from the Group of 20 nations meeting this week.Earlier this week the UK deputy prime minister Nick Clegg commented that on reflection Britain made the right decision not to adopt the euro, adding it is unlikely to do so during his political lifetime.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site