Japan Jibun Bank Services PMI in line with expectations (50) in May

US forces conduct strikes after Iran's attack

The United States Central Command (CENTCOM) said on Tuesday that it had intercepted and defeated a series of Iranian missile and drone attacks targeting regional neighbors, including Kuwait and Bahrain, while also carrying out self-defence strikes on Iran’s Qeshm Island, ABC News reported.
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Japanese Yen struggles near 160.00 threshold vs USD; bears shrug off intervention warning

The USD/JPY pair touches a fresh one-month high during the Asian session on Wednesday, though it struggles to build on the momentum beyond the 160.00 psychological mark. The fundamental backdrop, however, favors bulls and suggests that the path of least resistance for spot prices is to the upside.
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