By Tom Westbrook SINGAPORE (Reuters) – The dollar traded firmly on Wednesday in anticipation of U.S. inflation data, which even if it comes in softer-than-expected is still likely to be so red hot that steep U.S. interest rate rises will be required to rein it in. The figures are due at 1230 GMT. Economists expect year-on-year headline inflation running at a scorching 8.7%, a small retreat from June’s whopping 9.1% figure. Core inflation is expected at 0.5% month-on-month. Currency market moves have been slight in the lead up and for previous releases, reactions have been more muted than in th…

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