* Yen briefly dips on crosses after batch of Chinese data

* Industrial output and retail sales a bit above expectations

* But new Chinese local-currency loans fall in Oct

* Dollar index pares losses after hitting 15-mth low

By Masayuki Kitano

TOKYO, Nov 11 (Reuters) - The yen rose against the dollar on Wednesday buoyed by stop-loss buying and also eked out gains against the high-yielding Australian dollar after a mixed batch of Chinese economic data.

The yen fell initially after the figures showed Chinese industrial output and retail sales rose a bit more than expected in October from year earlier, with industrial output growth jumping to a 19-month high in the year to October. [ID:nPEK330193]

The dollar also dipped broadly after the data and hit a fresh 15-month low of 74.889 .DXY against a basket of currencies.

But dips by the yen and dollar against currencies such as the higher-yielding Australian dollar quickly lost steam, and the currency market reaction was limited overall.