Dollar Holds Steady as Sticky US Inflation Data Tempers Hopes for Fed Rate Cuts

• Dollar steady after sticky US inflation data dents rate cut expectations • Yen remains weak, hovering around 150 per dollar; Japanese authorities warn against rapid moves • Dollar index up 3% this year as traders adjust rate cut views; June now seen as potential start • Investor focus on Fed minutes and speeches this week for further policy clues • Pound gets lift from strong UK retail sales data, but little shift in BoE policy expectations