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Morning market update 09 12 2021: Mixed bag of a session last night with the DXY pulling back below the 96.00 support level with the JOLT's Job Openings coming in better than expected 11.03 million, well above both the median forecast of 10.47 million and last month's revised level of 10.60 million.This suggests that supply remains a binding constraint for the labor market, although this could be seen as a small breather opportunity for the USD bulls with the inflation data for the US out at 21:30 GMT+8 tomorrow night. Overall markets were choppy with risk on sentiment remaining with the positive news out of a third dose of vaccine offering protection to the Omicron variant.
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