Pound Rises to One-Month High Versus Euro as U.K. Services Surge

  • Sterling touches highest level versus dollar in seven weeks
  • Gilts pare gains after data cast doubt on BOE stimulus bets

Caution Urged for Investors as Data Pushes Pound Higher

The pound touched its strongest level in more than a month versus the euro as services became the latest part of the economy to show a bounce back after the Britain’s vote to leave the European Union.

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