United States Michigan Consumer Sentiment Index came in at 58.4 below forecasts (59.1) in May

May 27, 2022

USD/TRY: Bears regain the upper hand following recent peaks near 16.50

USD/TRY now looks consolidative in the upper end of the recent range and trades close to recent yearly peaks near 16.50. USD/TRY now looks to upcoming

US: UoM Consumer Sentiment Index falls to 58.4 in May (final) vs 59.1 flash estimate

The University of Michigan's final estimate of US Consumer Sentiment fell to 58.4 in May from 65.2 in April, below the flash estimate released earlier