EM currencies eye longest weekly win streak since 2007

The ten-week run marks a notable shift in EM currency momentum, but Friday's pullback after robust US jobs data underscores how fragile this streak is to Fed repricing. The index's resilience hinges on whether dollar strength resumes after next week's inflation print; a hot number could quickly unwind gains, while soft data may extend the rally. For EM asset allocators, the key risk is that the streak has already priced in a dovish Fed, leaving limited buffer if policy expectations tighten further.