NEW YORK/LONDON—The dollar eased versus its main rivals on Monday, after posting its biggest daily rise in more than four months in the previous session as hedge funds cut back bearish bets ahead of this week’s highly-anticipated U.S. Federal Reserve policy meeting. Monetary policy in the United States, Australia, and the United Kingdom is in focus, with the Federal Reserve widely expected to announce a tapering of stimulus, a factor that has fueled the greenback’s rise in recent weeks. Quickening inflation data has prompted some investment banks such as Goldman Sachs to advance their expectations of a rate hike by the Fed as early as July 2022, compared with the third quarter of 2023 previously. The dollar index, which measures the U.S. currency against six rivals, was down 0.098 percent at 94.104, hovering close to Friday’s peak of 94.302, its highest since Oct. 13. “You had a move on Friday …