Core Insights - Emerging market currency index retraced gains following the release of U.S. employment data [1] Group 1 - The U.S. employment data had a significant impact on emerging market currencies, leading to a reversal of previous gains [1]

Core Viewpoint - The British pound has reached 1.36 against the US dollar for the first time since 2022, indicating a 0.35% increase in a single day, while the US dollar has declined, leading to a surge in emerging market currency indices to intraday highs [1] Group 1 - The British pound's rise to 1.36 against the US dollar marks a significant milestone since 2022 [1] - The US dollar's depreciation has contributed to the strengthening of the British pound [1] - Emerging market currency indices have experienced a notable increase, reaching intraday highs [1]