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Calling Chard: asparagus and leek risotto with chicken | SaltWireSINGAPORE - The yen was pinned on the weaker side of 155 per dollar on Thursday as the Bank of Japan kicks off its two-day rate-setting meeting, leaving traders nervous as to whether Tokyo will intervene while policy deliberations are still underway.
"We expect the BOJ meeting to deliver a marginally hawkish hold outcome," said Carl Ang, fixed income research analyst at MFS Investment Management. BOJ Governor Kazuo Ueda said this week the central bank will raise interest rates again if trend inflation accelerates toward its 2% target as expected.
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