20.10.2016

Mexican Peso move suggests Clinton won debate

400Mexico’s peso reached a six-week high in a signal that Hillary Clinton held on to her advantage over Donald Trump in the final U.S. presidential debate.
The currency was up by 0.2% at 18.4937 per dollar around 10:45 p.m. ET. Earlier, it drifted between little changed to down by as much as 0.2% as the two candidates spoke.

The peso is seen as a good barometer of Donald Trump’s chances in the race for the White House, and analysts were tracking its performance in the wake of the third and final U.S. presidential debate.

When quipped about whether he shall accept election results, Trump relied that ‘he shall look at it at the time’. This has been read by many as a sign that Trump could challenge the results if he loses elections. Michael Hewson, Chief Market Analyst at CMC Markets UK, said  "That could become a problem if the final vote is close, less so if it isn’t, however if the Mexican peso is any guide it would appear that this election remains Hillary Clinton’s to lose, as the currency strengthened in the aftermath of the debate".

The Mexican peso flew to a six-week high post the debate,” said Tobias Davis, head of corporate treasury sales at Western Union International Bank, in a note. “The currency tells us she won the evening.”


Events


Semptember 2015
  • 02
    May

    Startups need to build a growth plan and exit path early in their life cycle to unlock the value cre

  • 03
    May

    Molti investitori istituzionali stanno iniziando a prendere sempre più in considerazione anche le m

  • 03
    May

    The Responsible Finance Institute (RFI) Foundation and the Swiss Arab Network organize the RFI Summi

  • 04
    May

    FinLantern is glad to invite you to a “Sustainable Apero”

  • 04
    May

    Presentazione di una piattaforma omnicanale per aziende con centralini, call center o contact center

See All

newsletter

Updates and news from MarketPlus

Market Overview
SMI® PR8810.93-0,38 %
LYXOR DAX INAV118.918-0,10 %
FTSE MIB Index20648.470,25 %
FTSE 1007215.76-0,30 %
CAC 405276.400,09 %
S&P 5002388.770,06 %
NASDAQ Composite6048.940,39 %
HANG SENG INDEX24616.46-0,33 %
Powered by Yahoo Finance