Watching the dollar closely after recent jobs data, seeing divergence

The latest non-farm payrolls came in softer than expected, which you'd normally expect to see the dollar take a hit, but it's held up remarkably well against some crosses, especially the yen. We're still seeing that underlying inflation stickiness keeping the Fed on a tight leash, even if the employment picture is starting to soften. This makes me question the conventional wisdom of a rapid dollar decline. I'm keeping a close eye on $ZARJPY at 9.892, specifically for any sustained breaks below 9.853. On the equities side, I'm watching how sectors dependent on a weaker dollar are performing, particularly those with significant international revenue exposure, as the stronger dollar could present headwinds. It's not as clear-cut as some make it out to be. The market seems to be pricing in a 'higher for longer' Fed more aggressively than the jobs data might imply.