The pound rose to its highest level in a week against the dollar, euro and the yen during trading yesterday (September 3rd), supported by strong economic data from the services industry.According to the purchasing managers' index, the sector continued to grow in August, with the index recording a reading of 54.1, up from 53.2 in July. The Financial Times reports that analysts expected a score of 53.9 and were encouraged that the index registered the highest reading seen since September 2007.On the continent, the euro and the Swedish krona both lost ground after interest rate decisions from the currencies' governing central banks.The Swedish Riskbank iterated a dovish sentiment as it voted to keep rates on hold at 0.25 per cent, stating that rates would be kept low until the third quarter of 2010.Paul Mackel, at HSBC, commented: "This is a different view compared to the market, which, prior to the meeting, had priced in almost 80 basis points’ worth of rate hikes in the next 12 months."