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US Dollar index eases from one-year high TOKYO (Reuters) - FX SIGNALS _ The dollar eased back from a one-year high versus major peers on Wednesday ahead of U.S. consumer price data that could provide additional clues on when the Federal Reserve will taper stimulus and raise interest rates. The dollar index, which measures the greenback against six rivals, slipped 0.18% to 94.358 from Tuesday, when it touched 94.563 for the first time since late September 2020. LIVE FOREX NEWS The U.S. currency weakened 0.13% to 113.465 yen, down from a three-year high of 113.785 yen reached in the previous session. The euro climbed 0.18% to $1.1551, off Tuesday's $1.1522, its lowest in nearly 15 months. Dollar inches toward one-year high "The CPI is going to be really important, so there may be a little bit of positioning ahead of that," said Joseph Capurso, a strategist at Commonwealth Bank of Australia (OTC:CMWAY) in Sydney. "The risk is for inflation to stay high, and that would bring forward market expectations for the timing and pace of rate hikes, and that will support the U.S. dollar. It's off a little bit today but I think the dollar has more upside." TELEGRAM FX SIGNALS The dollar gained on Tuesday amid rising expectations the Fed will announce a tapering of stimulus next month, with interest rate hikes following next year. Dollar Down but Near One-Year High Money markets priced about a 50-50 chance of a rate increase by July, after 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. FX SIGNALS Meanwhile, a surge in energy prices has fuelled inflation concerns and stoked bets that the Fed may need to move faster to normalise policy than officials had projected. Dollar Down, but Near One-Year High "CPI is the main economic draw" on Wednesday, 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 (OTC:NABZY) in Sydney. Key Patterns Of Price Action Most Fed policymakers continue to say inflationary pressures will prove transitory. 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. Sterling strengthened 0.19% to $1.36135, but remained around the middle of this month's range. The ABCD Pattern The Aussie dollar slipped 0.19% to $0.73375, retreating from Tuesday's one-month high at $0.7384. Bitcoin traded around $56,200, after reaching a five-month high of $57,855.79 at the start of the week. US Dollar index eases from one-year high Trading for Beginners US Dollar index eases from one-year high Forex Signals Learning Guides, to help you get started with trading. Grow your Learning knowledge on the capital markets. URL FxPremiere.com was Founded in 2010. Since then has grown with over 23,000 live subscribers globally. Daily Trading Alerts are sent by our VPS Networks worldwide via Telegram. Subscribe to our Signals and start receiving Forex Day Trading Signals from the very next trade! Forex Signals Learning Guides below with guide you with every trade you make! The fundamental forex strategies The technical forex strategies The popular forex strategies In the forex strategies articles Here at FxPremiere Group we keep you updated with the Compare Forex Brokers charting system, as well as sending you Direct Forex Signals by our Telegram Services globally daily. Dollar Hits One-Year High Versus Yen FX Signals The most traded pairs of currencies in the world are called the Majors.EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, NZD/USD and USD/CAD, Gold, Oil and many many more... Forex Trading comes with it high risk. We help by referring only the very best forex brokers available in the marketplace. Your in safe hands with our partners.With our free forex learning guides you will be able to educate yourselves with the most up to date forex basics required in order to enter the Capital Markets. FxPremiere.com Learning centre is now available for all to read. With blog posts written monthly on the most common searched terms. Free Forex Signals Telegram Channel | FX Signals Daily | Forex News Today| Forex Signals APP| Open Forex Account | Compare Forex Brokers | Forex Affiliates | Telegram Copy Trading | Best FX Indicator LIVE FOREX SIGNALS NEWS Home Live Forex News US Dollar index eases from one-year high