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Dollar edges up ahead of Fed policy statement

The dollar inches up as traders remain on edge after a China stock market plunge this week and as the Federal Reserve winds up a two-day meetingThe dollar inched up Wednesday as traders remained on edge after a China stock market plunge this week and as the Federal Reserve winds up a two-day meeting, with hopes of some guidance on its plans for raising interest rates. “Yen-buying sentiment can appear from time-to-time a risk-averting option,” said Shinya Harui, a forex analyst at Nomura Securities.

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