• Cable has traded a 17.5 pip range thus far Friday; 1.32235-1.3241

• 1.32235 is half-a-pip above Thursday's four-week low

• Dollar buying fuelled drop to 1.3223; USD index hit 19-month peak

• 1.3459 was Tuesday high, before hot US CPI, hawkish Fed officials

• Williams says Fed has "work to do" to get inflation back to target

• US Oct PPI data due at 1330 GMT: 0.4% MM forecast; core f/c 0.3%

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