Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
The Mexican peso says Trump didn't win debate
Financial markets wasted no time in giving their verdict on the first U.S. presidential debate: Donald Trump didn't do well.
As Trump and Hillary Clinton sparred on live TV, one key financial barometer of the Republican nominee's prospects started moving sharply: the Mexican peso soared more than 2% against the dollar.
In recent weeks, the Mexican currency has been moving in the opposite direction to Trump's poll numbers. As they have improved, the peso has dropped, hitting an all-time low against the dollar ahead of Monday night's debate.
Its sudden leap during the debate was a clear reaction to Trump's performance, according to Ihab Salib, head of international fixed income at Federated Investors. A CNN/ORC poll of debate watchers released after the event found 62% felt Clinton won compared with 27% for Trump.
- CNN Money, September 27, 2016: 8:26 AM ET
As Trump and Hillary Clinton sparred on live TV, one key financial barometer of the Republican nominee's prospects started moving sharply: the Mexican peso soared more than 2% against the dollar.
In recent weeks, the Mexican currency has been moving in the opposite direction to Trump's poll numbers. As they have improved, the peso has dropped, hitting an all-time low against the dollar ahead of Monday night's debate.
Its sudden leap during the debate was a clear reaction to Trump's performance, according to Ihab Salib, head of international fixed income at Federated Investors. A CNN/ORC poll of debate watchers released after the event found 62% felt Clinton won compared with 27% for Trump.
- CNN Money, September 27, 2016: 8:26 AM ET
- more - http://money.cnn.com/2016/09/27/investing/donald-trump-debate-mexican-peso/index.html
- Also see - Related: When Donald Trump rises, Mexican peso falls (CNN Money)
- And - "The currency rose 2.1 percent to 19.4635 per dollar as of 11:46 a.m. in New York, the biggest gain among more than 140 currencies tracked by Bloomberg." Mexico Peso Gives Clearest Market Signal That Trump Lost Debate (Bloomberg.com)
