Watching the dollar reaction to recent CPI, jobs data.

Been interesting to see how the market is digesting the latest CPI print, particularly the core numbers. The slight moderation seems to be offering some breathing room, but the employment figures are still fairly robust. It's a tricky balance for the Fed, and the dollar's reaction has been somewhat muted, suggesting a 'wait and see' approach from many. I'm keeping a close eye on $ZARUSD around the 0.0605 support and 0.0608 resistance levels to see if there's any clear directional conviction forming, as any sustained dollar weakness could shift things in equity sector rotation.

Considering the mixed signals, I'm not making any drastic changes to my watchlist just yet. Sticking with quality names that have solid balance sheets and less sensitivity to rate fluctuations. The narrative isn't clear enough for a big swing. Still, the underlying inflation trend remains the primary driver for a lot of my sector-level analysis going forward. No major fireworks, but definitely a developing situation.