TOKYO, May 27 : The yen hovered close to its May low versus the U.S. dollar on Wednesday, near levels that spurred Japanese currency intervention in recent weeks, as traders weighed the risks of a renewed flare-up in the Iran war.The Australian dollar erased earlier gains against the greenback following coole

Lack of lasting intervention impact, concern over real yen-selling leave market directionless

TOKYO, May 27 : Asian shares climbed to record highs while oil prices remained elevated on Wednesday, as markets looked for signals that a shaky truce between the United States…