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    The US dollar fell against the euro and yen after the assessments are not justified US economic reports. Weak US data, which indicated, among other things, about the fall of consumer confidence led investors to revise their expectations about the timing of increases in interest rates by the central bank.

    The dollar has lost those gains after the data, University of Michigan, testified about the fall of the preliminary index of consumer sentiment in May to 88.6, compared with the final value of 95.9 in April. Economists had expected the preliminary index in May was 96.0.

    US industrial output in April declined for the fifth month in a row, indicating the weakness of global demand. Production in manufacturing and mining United States, as well as production in the field of public services, taking into account the correction for seasonal variations in April fell by 0.3% compared to March, the Fed said. The index is expected to increase by 0.1%.

    The index of business conditions, the Federal Reserve of New York in May rose to 3.09 after falling to -1.19 in April. This is evidenced by the report of the Federal Reserve Bank of New York, published on Friday. Economists had expected the index to rise to 5.0 in May. Readings above zero indicate expanding activity.

    Presented figures indicate that the economy is not recovering from weakening during the first three months of the year. Investors are betting that the strengthening of the US economy will force the Fed to raise interest rates for the first time since 2006, which would increase the attractiveness of the dollar.

    The Canadian dollar traded lower against the backdrop of a strong US dollar and lower oil prices. The Canadian currency gained almost no support from the strong data on the industrial sector in March.

    The US dollar weakened slightly against the Canadian dollar after the publication of the data, but quickly recovered.

    The agency Statistics Canada reported that sales in the manufacturing sector in Canada in March showed the largest monthly increase in nearly four years amid strong demand for cars and parts manufacturing aerospace industry.

    Shipments to Canada's industrial sector grew in March by 2.9% to 51.02 billion Canadian dollars (42.52 US dollars). Economists had forecast that the growth of the supply will be 1%.

    In March, sales also grew by 2.9%.

    Statistics Canada also noted that foreign investors in March bought the Canadian securities at the fastest pace in almost three years against the backdrop of bond-buying companies at the fastest pace in a month more than a decade.

    Foreign investors in March bought the Canadian securities 22.47 billion Canadian dollars (18.72 billion US dollars). This volume was the highest since May 2012.

    Canadian investors reduced the amount of foreign securities in their holding of 3.20 billion Canadian dollars a month.

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