Published: 2026-05-13T04:49:54.000Z
USD/JPY flows: Challenging May High
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U.S. assessments shows Iran rebuilds access to 30 of 33 Hormuz missile sites
It is reported that Iran has rebuilt access to 30 of 33 Hormuz missile sites. While the assessment indicates Iran's capability to control the Strait of Hormuz, it is also a convenient excuse for the U.S. to resume military operation after Trump lost his patience in negotiation. USD is receiving steady haven bids and seen driving USD/JPY close to May high at 157.94.
USD/JPY is trading 0.07% higher at 157.72.