United States Reuters/Michigan Consumer Sentiment Index below expectations (96) in May: Actual (88.6)

FXStreet.com (Barcelona)

May 15, 2015

USD/CAD expected to see 1.29 by September – SG

The Societe Generale Team expects USD/CAD to consolidate near 1.20 in the short-term but drift higher towards 1.29 over the medium-term.

US industrial production falls for fifth straight month – ING

Reviewing the US industrial production data result, James Knightley, Senior Economist at ING, notes that the yet another fall of 0.3% mom, posts a dim picture for the expected bounce in Q2 GDP.