{"id":1535,"date":"2021-07-08T15:29:13","date_gmt":"2021-07-08T18:29:13","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1535"},"modified":"2021-07-08T15:29:15","modified_gmt":"2021-07-08T18:29:15","slug":"aud-usd-falls-to-fresh-lows-for-the-year-as-risk-aversion-kicks-in-2","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/07\/08\/aud-usd-falls-to-fresh-lows-for-the-year-as-risk-aversion-kicks-in-2\/","title":{"rendered":"AUD\/USD falls to fresh lows for the year as risk aversion kicks in"},"content":{"rendered":"\n<p>AUD\/USD down 0.6% to 0.7430 levels, the lowest since December last year<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/az705044.vo.msecnd.net\/20210708\/8-7-2021-3-37-50-pm.png\" alt=\"AUD\/USD D1 07-08\"\/><\/figure>\n\n\n\n<p>The aussie is among the big losers so far today as commodity currencies are seeing a general retreat, with risk aversion kicking into gear in European morning trade.<\/p>\n\n\n\n<p><br>The latest downdraft comes as Treasury yields sink further and that is creating fresh concerns in the market about what that represents. There are no easy answers:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.forexlive.com\/news\/!\/the-bond-bid-wont-stop-us-10s-approach-130-20210707\" target=\"_blank\" rel=\"noreferrer noopener\">The bond bid won&#8217;t stop. US 10s approach 1.30%<\/a><\/li><li><a href=\"https:\/\/www.forexlive.com\/news\/!\/the-bond-market-paradox-is-a-key-focus-ahead-of-the-fed-minutes-today-20210707\" target=\"_blank\" rel=\"noreferrer noopener\">The bond market paradox is a key focus ahead of the Fed minutes today<\/a><\/li><li><a href=\"https:\/\/www.forexlive.com\/news\/!\/10-year-treasury-yields-sink-further-to-lowest-since-late-february-20210707\" target=\"_blank\" rel=\"noreferrer noopener\">10-year Treasury yields sink further to lowest since late February<\/a><\/li><\/ul>\n\n\n\n<p>And as risk retreats amid the uncertainty, the aussie is seeing a fresh fall to its lowest levels this year, down to 0.7431 at the lows today.<\/p>\n\n\n\n<p><br>The drop now threatens a break below the 21 December low @ 0.7462 and puts the 0.7400 handle as well as the 61.8 retracement level @ 0.7379 in sight.<\/p>\n\n\n\n<p><em>source:<a href=\"https:\/\/www.forexlive.com\/technical-analysis\/!\/audusd-falls-to-fresh-lows-for-the-year-as-risk-aversion-kicks-in-20210708\" data-type=\"URL\" data-id=\"https:\/\/www.forexlive.com\/technical-analysis\/!\/audusd-falls-to-fresh-lows-for-the-year-as-risk-aversion-kicks-in-20210708\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.forexlive.com\/technical-analysis\/!\/audusd-falls-to-fresh-lows-for-the-year-as-risk-aversion-kicks-in-20210708<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AUD\/USD down 0.6% to 0.7430 levels, the lowest since December last year The aussie is among the big losers so far today as commodity currencies are seeing a general retreat, with risk aversion kicking into gear in European morning trade. The latest downdraft comes as Treasury yields sink further and that is creating fresh concerns [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1051,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":{"0":"post-1535","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-daily-news"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=1535"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1535\/revisions"}],"predecessor-version":[{"id":1536,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1535\/revisions\/1536"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1051"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}