Nonfarm payroll 2021-12

This week, invastors wait the US CPI because they eye if FRB will raise rate. 

US employers added fewer staff than expected in December but wages rose more than forecast. Investers expect that FRB raise rate faster than anticipated. Treasury yield hiked and stock record high was withdrawn. This morning the US stocb futures slipped. The S&P 500 was started to a year the lowest level since 2016. You can see a rotation out from high growth tech stocks.

I'm not sure the reason why doller is sold even if NFP was strong and rate hiked.. Position unwind??