LONDON, June 1 Reuters The euro edged further away from a monthly high on Wednesday and the U.S. dollar nudged higher, lifted by higher Treasury yields as global inflation worries flared anew.

The dollar index , which measures the currency against six major peers, including the euro, rose 0.2 to 101.96, extending on Tuesday39;s gains, when data showed euroarea consumer inflation soaring to a record. 

The euro was down 0.2 against the greenback, continuing to edge back from a onemonth high of 1.0787, reached on Monday, when national CPI readings from the euro zone indicated a high inflation print for the bloc.

Belgian, Spanish and German inflation data on Monday set the scene, said Jamie Dutta, market analyst at Vantage Markets.

EURUSD has approached the 1.08 level, coming back from the depths of 1.0348, so what we39;ve seen is really a technical pullback, Dutta added.

The dollar index swooned to a onemonth low of 101.29 on Monday after pulling back from a nearly twodecade high above 105 in midMay, as U.S. inflation and other economic indicators showed signs of peaking amid the Federal Reserve39;s aggressive policy tightening.

A twoday boost has seen the index trading back towards 102.00.

The greenback appears less sluggish than it has been in recent trading sessions, but its rebound attempts remain far from convincing, UniCredit analysts said in a research note.

Markets have priced halfpoint interest rate rises for the Fed39;s meetings this month and next, in…