By Herbert Lash NEW YORK (Reuters) – The dollar fell sharply on Thursday after U.S. consumer prices rose less than expected in October and suggested underlying inflation has peaked, data that markets cheered as it may allow the Federal Reserve to slow the pace of its interest rate hikes. The slowing consumer price index sparked big gains in major foreign currencies against the dollar, with the Japanese yen poised to post its biggest single-day jump since 2015 and the British pound on track for its biggest one-day rise since 2017. The annual increase in headline inflation fell below 8% for the …