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Currencies: Pound rises after U.K. services data stages a surprise

The pound gained against the U.S. dollar Monday, lifted by an unexpected jump in U.K. services activity, though it has come off its session highs.

The U.S. Dollar Index DXY, -0.13% , which measures the greenback against other currencies, was down 0.1% at 95.780. Against the euro EURUSD, -0.0269% the shared currency bought $1.1149, compared with $1.1160 late Friday.

Sterling shines: The pound GBPUSD, +0.0527% jumped to a session high of $1.13376, its strongest level since late July, after the release of data on the U.K.’s services sector in August. Sterling eventually pared its gain to $1.3310, compared with late Friday at $1.3295.

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