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Sterling is vulnerable to slowing capital inflows - BAML

FXStreet (Guatemala) - Analysts at Bank of America Merrill Lynch noted risks to the pound.

Key Quotes:

"In recent years, the UK, Euro area, and EEMEA benefitted from reserve diversification away from the USD."

"A drying-out of petrodollar flows should reduce funding availability for current account deficit countries, particularly the UK. "

AUD/USD turns bid and back onto 0.78 handle

AUD/USD is currently trading at 0.7815 at time of writing, with a high of 0.7826 and a low of 0.7732.
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