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    The dollar at 3 p.m., remained flat at mid-161 yen, awaiting US CPI
    July 11, 2024 at 3:57 PM GMT+9 (some excerpts)
    The dollar/yen at 3 p.m., was traded in the middle of 161 yen, unchanged from the end of the New York market the day before. Although price movements were slow ahead of the announcement of the notable US Consumer Price Index (CPI) tonight, there was no change in the depreciation of the yen, such as the euro/yen hitting a new high.
    The dollar was in the middle of 161 yen and trading intersected, and the price range in the Tokyo market remained small, about 30 yen up and down. In the market, attention is being paid to whether it will test the high price of 161.96 yen for the first time in 38 years after the US CPI was announced.
    Meanwhile, since many participants are leaning towards yen depreciation forecasts, it was also pointed out that “if (CPI results) fall below expectations and dollars are sold, there is a possibility that price movements will become even larger” (FX company officials).
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    Our CEO said this spring, “We will recover this year and next year's sales will be a record.” The meaning of this is that the stock price of MU, which has risen 60 percent from the beginning of the year, will continue to rise until the end of the year, and it will rise further until the end of 2025, so please support us I'm saying that. The future potential of up-and-coming MU is right there, and analysts' year-end forecasts for stock prices have also recently increased to 225 dollars.
    Another thing not to be overlooked is that MUs are not individual, but rather the relationship between NVIDIA, Micron, and TSMC. Recently, I've been thinking this triangle is particularly amazing, and I can't see any other example in that each one is independent. Except when all sectors are adjusted and nothing can be done, even if 1 of the stock prices falls, 2 will cover the total. The image of itself is the ultimate dragon...
    Now, it's time to settle the bill. This is something you can see by watching today's nighttime play. And since Ultimate Dragon 🐲 (The Myth of the Three-Headed Dragon) has three heads, it's going to be a big deal a few years from now, so let's all cheer for it.
    NVDA briefing session cancer Roar MUAn analysts' eye for predictions...
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