Within the moon's orbit by all accounts:-
http://www.universetoday.com/90650/aste ... an-impact/Yes, it’s coming. Yes, it’s big. Yes, it will be even closer than the Moon. And yes… we’re completely safe.
The 400-meter-wide asteroid 2005 YU55 is currently zipping through the inner Solar System at over 13 km (8 miles) a second. On Tuesday, November 8, at 6:28 p.m. EST, it will pass Earth, coming within 325,000 km (202,000 miles). This is indeed within the Moon’s orbit (although YU55′s trajectory puts it a bit above the exact plane of the Earth-Moon alignment.) Still, it is the closest pass by such a large object since 1976… yet, NASA scientists aren’t concerned. Why?
Because its orbit has been well studied, there’s nothing in its way, and frankly there’s simply nothing it will do to affect Earth.
Slightly different to some of the stories I've read in the media, mostly
ZOMG! Earthquakes caused by magnetic fields! etc.
While its obviously not going to hit us, anybody who can come up with footage of Obama, the Queen, or any other major world figure at or around the stated time of the asteroid's passing, gets a cookie
A million great ideas...