The dollar was firm on Tuesday leading in to the release of US inflation data and the final Federal Reserve meeting of the year, with investors waiting to update interest rate outlooks.
A month ago, a small surprise to the downside unleashed a wave of bond-buying and dollar selling on the expectation that inflation had peaked.
The dollar lifted 0.8% on the yen overnight and was steady at 137.62 yen in early Asia trade on Tuesday.Economists polled by Reuters expect November core inflation to be steady at 0.3% month-on-month but see moderation in the annual pace, with headline prices seen 7.3% higher than a year earlier.
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