The emitters for the chimney smoke/steam are located correctly; in the middle and level with the top.

When static smoke is OK.

At slow speed movement is starting to show.

At high speed the origin of the stream of smoke has clearly moved to "downstream" of the chimney. Imagine a best-fit line through the centre of the particals in the stream. It no longer passes through the original emitter location.

In the sim particals are actually just viewer facing polygons. The first time a partical is drawn it should surely be drawn at the origin of the emitter with no displacement appied due either to it's own motion or any external forces applied. In all three cases shown above the vertical possition is correct in relation to the emitter position, ie it is at the emitter's height origin suggesting it is being drawn initially without any physics applied. But with speed it starts to displace horizontally. Given that the steam is correctly rising upwards it seems to me that it is inheriting the horizontal speed from the loco, but only 99.99% when it should be 100%.
Stuart