U.S. Treasury Secretary: We May Reach Iran Deal Tomorrow to Open Strait of Hormuz

August 4th, according to CNBC, U.S. Treasury Secretary Yellen commented on the yen intervention, stating that she believes the Bank of Japan will pursue the right policies. (Regarding yen intervention) If the yen depreciates, other currencies will also follow suit. It is a great honor to stand with Japan and help stabilize the situation. Concerns have been raised about the excessive volatility of the Korean won. The Fed considers it reasonable to expand the foreign and international monetary authority repurchase tool. This tool is no different from the foreign exchange swap line.