AUTOREFRESH 
It was a dark and stormy night…
By Jamie Coleman || December 27, 2010 at 13:10 GMT
|| 2 comments || Add comment
We’re in the teeth of a nor’easter like you read about here in coastal Massachusetts…Wind, snow, rain, sleet, flooding…you name it, we got it.
If I suddenly stop posting, it’s because I’ve lost power, most likely…
Markets are modestly changed since we last spoke. EUR/USD has worked higher in its range, bouncing nearly a cent from 1.3073 Asian lows after buying by Asian central banks. Those same names are content to sell between 1.3180 and 1.3200, we hear, so it should be sloppy and choppy in between. We are in between now, at 1.3125…
AUD/USD is holding most of its recent bid, taking the Chinese rate hike in stride. It trades now around 1.0015, where I last say it around midday in Asia.
jamie, why has the GBP/USD dropped so much?
Whoevers buying the aud/usd must be enjoying it very much .as for no.w its going all their way, with chinese rate hike and aud overvalued his luck must be coming to and end pretty soon,,,