Chinook's EUR/USD (E/$)Mumblings

The December contract still has little bit higher volume so far but probably March one will catch up later in the European session. So far volume is 5000/4400 Dec. leading.

 

Wheee...got me some nice profit on shorting my old friend the Aussie.

 

I feel like I'm on a water slide.

 

For the last 9 hours, EURUSD lowered 1% but AUDUSD 2.2%!

 

I know, and I've been shorting the whole damned time...

 

As far as I can tell, it's a combination of new USD strength as well as broad selling of the AUD, which has been getting hit across the board. Apparently, funds have been selling to book profits, according to the news plugin for RefcoFX.

 

Do you think AUDUSD would bounce upwards by say 0.5%?

 

Everyone's dropping commodities too. Gold down $6. People booking profits at year end, obviously.

 

Already up 0.5%.

 

.....could be some interesting levels next few days...short covering....FOMC 14th....AUD&CAD being talked down....10yr Tbill bouncing back...gold reversing.....Anyone like to put some numbers on it...say...gold 430+/-...Euro 1.3000/2950...AUD .7430+/-.... CAD 1.2450+/-.....any comments, reasons...