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CURRENCIES

US$ dips as market awaits Fed clues; A$ dives

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The US dollar inched down on Wednesday as investors waited for a statement from the US Federal Reserve, while the Australian dollar plunged almost 2 per cent after worse-than-expected inflation data.

London

THE US dollar inched down on Wednesday as investors waited for a statement from the US Federal Reserve, while the Australian dollar plunged almost 2 per cent after worse-than-expected inflation data.

The greenback, having risen to a three-week high against the yen late last