Majors are consolidating in the Asian session this morning with the dollar withholding its strength. Positive data from the United States and the confirmation from the Feds that the recovery is on track powered the dollar and trimmed bets for more easing anytime soon.

The final reading for the industrial production in Japan retreated to 1.9%, compared with the prior reading of 2.0%.

Starting with the Japanese yen, the USD/JPY pair unexpectedly advanced today and it is currently trading around 82.93, it recorded its highest at 83.00 and lowest at 82.85.

Moving to the Australian dollar, aussie retreated versus the U.S. dollar; the pair reached its highest level in today's trading session at 1.0537 and reached its lowest level at 1.0531, while it is currently trading around 1.0537.

Moving to the NZD/USD pair, which is slightly retreating, the pair is currently trading around 0.8214 after it reached the highest at 0.8227 and lowest at 0.8211.

Heading to Europe, it has important data to be released today, where the United Kingdom will release February's jobless claims change, along with the euro-zone February's CPI.