: Meanwhile, U.S. consumer sentiment fell to a preliminary May reading of 88.6, the lowest level since November, compared with a final April level of 95.9, according to reports on the University of Michigan gauge released Friday, according to Xinhua China. The impact of the data was most keenly felt by the dollar. U.S. industrial production decreased 0.3 percent in April for its fifth consecutive monthly loss, missing market expectations, the Federal Reserve said Friday. The greenback slipped to a three-month low of 1.1466 euros after the release of soft data. In late New York trading, the euro rose to 1.1461 dollars from 1.1399 dollars in the previous session, and the British pound declined to 1.5770 dollars from 1.5744 dollars in the previous session. The dollar index, which measures the greenback against six other currencies, was down 0.19 at 93. 283 in late trading.
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