USD/JPY slumps to near 156.00 after Fed cuts rates

The USD/JPY pair tumbles to near 156.00 during the early Asian session on Thursday. The US Dollar (USD) weakens against the Japanese Yen (JPY) after the Federal Reserve (Fed) lowered interest rates in a widely expected move. The US weekly Initial Jobless Claims are due later on Thursday.

USD/JPY slumps to near 156.00 after Fed cuts rates
The USD/JPY pair tumbles to near 156.00 during the early Asian session on Thursday. The US Dollar (USD) weakens against the Japanese Yen (JPY) after the Federal Reserve (Fed) lowered interest rates in a widely expected move. The US weekly Initial Jobless Claims are due later on Thursday.

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