US dollar increasingly sensitive to data.

Soft industrial production data and a weak Empire Fed weighed heavily on the US dollar on Wednesday. Today it's housing starts and initial jobless claims at the bottom of the hour.

At 10 am ET (1400 GMT) it's onto the Philly Fed for April.

There are also comments from Mester, Lockhart, Rosengren, Constancio and Fischer on the calendar with some other notables dropping with the IMF Spring meetings starting later today.