[The Yen Falls for Two Consecutive Weeks, Approaching the 160 Threshold, Renewing Forex Intervention Risks] BlockBeats News, September 24: As Japan concludes its holiday period, the risk of yen intervention has once again come into focus. The yen has fallen for two consecutive weeks, bringing it close to the closely-watched 160 threshold. Strategists believe that the 160 level has once again become a test of Japan's tolerance for yen depreciation, as the yen has continued to weaken following the Bank of Japan's policy meeting on September 18. Despite the Bank of Japan accelerating its tightening cycle, there are divisions within the committee, while the U.S. appears to be moving toward a more hawkish stance. Commonwealth Bank of Australia currency strategist Carol Kong stated that if U.S. yields continue to rise and the market continues to test Japan's resolve to defend the yen, the USD/JPY pair could soon break through 160. A rapid breach of this level would significantly increase the likelihood of official action, especially considering recent reports of Japan conducting exchange rate checks and the precedent for coordinated intervention. (Jin10)