Friday Volatility 05-25-12
The SPX 500 sits about 3 points higher than Thursday’s close on the S&P 500 (as of 8:28am ET). The EUR/USD continues to decline trying to break below the 1.25 area today. There isn’t much on the economic calendar today as we go into a three day weekend. Be sure to watch EUR/CHF as we have seen some spikes to the upside. It is currently consolidating at 1.2011.