Housing and industrial production due on Tuesday

The US economic calendar is modest in the day ahead but there are two small highlights. The April housing starts report is due at 8:30 am ET, followed by industrial production at 10 am ET.

Misses in wages, CPI and retail sales haven't been able to derail the US dollar so I don't think these ones will either. But the dollar is beginning to look more like a camel than a bull and this could be the one to break its back.