The dollar retained its firm tone through the N.Y. session on Tuesday, though overall moved inside of relatively narrow trading ranges. Dollar sentiment was aided by an in-line firming of October CPI, which kept USD bull hopes alive for a December Fed rate hike. Softer industrial production and housing market sentiment however, limited USD upside in morning trade. EUR-USD topped at 1.0676 following the production data, before slipping to new seven-month lows of 1.0631. USD-JPY made its way from 123.20 lows to 123.48, with offers reportedly parked from 123.50.
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