The emerging market currency index is expected to rise for the tenth week in a row. If this were true, it would be the longest consecutive week of gains since 2007. The MSCI developing country currency index is currently up 0.4%, and the cumulative increase this week is expected to reach 0.7%. The index narrowed its gains for a while after strong US non-farm payrolls data and market bets on the Fed's interest rate hike heated up and boosted the dollar. Investors will now pay attention to the US inflation data released next week to find new clues about the Federal Reserve's upcoming interest rate decisions.

The emerging market currency index is expected to rise for the tenth week in a row. If this were true, it would be the longest consecutive week of gains since 2007. The MSCI developing country currency index is currently up 0.4%, and the cumulative increase this week is expected to reach 0.7%. The index narrowed its gains for a while after strong US non-farm payrolls data and market bets on the Fed's interest rate hike heated up and boosted the dollar. Investors will now pay attention to the US inflation data released next week to find new clues about the Federal Reserve's upcoming interest rate decisions.