FOREX-Dollar firm as traders brace for U.S. inflation data

 FOREX-Dollar firm as traders brace for U.S. inflation data
    * Graphic: World FX rates tmsnrt.rs/2RBWI5E

    By Tom Westbrook
    SINGAPORE, June 25 (Reuters) - The U.S. dollar held near
multi-month highs on Friday as investors warily awaited U.S.
inflation data, while the pound nursed modest losses after Bank
of England (BoE) policymakers leaned away from flagging rate
rises.
    Early Asia trade was steady, with the euro pinned
below its 200-day moving average at $1.1930 and the yen
 just short of a 15-month low at 110.955 per dollar.
    The dollar vaulted to its highest levels since March against
the euro last week - and to its highest since March 2020 on the
yen - after the U.S. Federal Reserve surprised markets by
projecting interest rate rises sooner than expected in 2023.
    Subsequent rhetoric from Fed chair Jerome Powell seems to
have calmed nerves in bond and stock markets about hikes any
time soon, but the dollar has held its gains and traders are
wary of further rises if...

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