Three Fed policymakers said overnight that the U.S. economy has healed enough to begin to scale back the central bank's asset-purchase programme, including Vice Chair Richard Clarida.The dollar index , which measures the greenback against six rivals, eased slightly to 94.460 from Tuesday, when it touched 94.563 for the first time since late September 2020.
Higher U.S. yields helped push the dollar to a three-year high against the yen on Tuesday at 113.785 yen . The pair last traded at 113.485. "CPI is the main economic draw" and "has the potential to see Fed rate hike expectations move again, one way or another," said Ray Attrill, head of foreign exchange strategy at National Australia Bank in Sydney.Governors Lael Brainard and Michelle Bowman are among the Fed officials due to speak later Wednesday, when the minutes of the central bank's September meeting are also due to be released.
The risk-sensitive Aussie dollar slipped 0.2% to $0.7335, retreating from Tuesday's one-month high at $0.7384.
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