By Karen Brettell NEW YORK (Reuters) -The dollar pared losses against the euro and yen on Tuesday after data showed that some underlying measures of inflation remained relatively elevated in November even as price gains came in broadly as expected. Headline inflation edged up 0.1% last month after being unchanged in October. In the 12 months through November, the CPI increased 3.1% after rising 3.2% in October. Economists polled by Reuters had forecast CPI would be unchanged on the month and gain 3.1% on a year-on-year basis. Excluding the volatile food and energy components, the CPI increased…

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