United States Michigan Consumer Sentiment Index below expectations (64) in May: Actual (59.1)

May 13, 2022

USD/TRY picks up further pace and clinches new highs near 15.50

The Turkish lira continues to grind lower and lifts USD/TRY to new 2022 highs in the 15.50 region on Friday. USD/TRY up on USD-strength, geopolitics U

US: UoM Consumer Sentiment Index falls to 56.3 in May vs 63.0 expected

The preliminary estimate of the University of Michigan's (UoM) Consumer Sentiment Index for May fell to 56.3 versus an expected small rise to 63.0 fro