- Dollar dipping against yen to session lows near 122.00 after European banks took profits given dollar's sweeping rally this week.
- Mood not quite as buoyant after U.S. equity futures pointed to flat to lower opening on Wall Street later, but dealers report solid bids at 121.80 with investors still keen to hold dollars given growing optimism over U.S. economy.
- Euro up 1/3 percent vs dollar at $0.8848 , pulling itself off three-month lows set earlier this week. Resistance at $0.8865 and $0.8910, its 200-day moving average.
- Market eyeing U.S. October CPI at 1330 GMT and industrial production data at 1415 GMT.