US: Package of stronger economic data offers support the US dollar - MUFG

Lee Hardman, Currency Analyst at MUFG, suggests that the US dollar is starting the week on stronger footing following the release late last week of a package of stronger than expected US economic data.
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GBP/USD in the red, lowest since March 2009

The GBP bears tighten their grip on the GBP/USD pair in the mid-European session, knocking-off the major to fresh seven-year lows below 1.3850.
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