The US Dollar was bearish against all of its major pairs on Tuesday. On the US economic data front, Empire Manufacturing unexpectedly fell to 4.9 on month in December (6.3 expected), from 6.3 in November. Finally, Industrial Production rose 0.4% on month in November (+0.3% expected), compared to a revised +0.9% in October. On Wednesday, the Mortgage Bankers Association's Mortgage Applications data for the week ending December 11th is expected. Retail Sales Advance for November is expected to slip 0.3% on month, compared to +0.3% in October. Markit's US Manufacturing Purchasing Managers' Index for the December ... (full story)