financial, behavioral, economic and political market forces
Monday, September 19, 2016
Peso Election Tool
We've written about this before. Trump's election odds when the peso goes down against the dollar improve and they go down when the peso strengthens against the dollar.Exchange rate below. One week ago the peso was below 18.50. Today, it's 19.90.
People stand outside an exchange house advertising the sale of U.S. dollars at the rate of 19.90 Mexican pesos per dollar in Mexico City, Monday, Sept. 19, 2016. The Mexican currency reached the psychological barrier of 20 pesos per dollar, and analysts and commentators cited the role of the U.S. presidential campaign.
If you want to know how Donald Trump is doing, all you need to do is check the Mexican peso. Over
the past four months, Mexico’s currency has repeatedly declined when
Trump’s election outlook improves and rallied when his odds of winning
slump. The peso tumbled to a 2 1/2-month low Monday after his Democratic
rival, Hillary Clinton, canceled a two-day trip to California because
she’s suffering from pneumonia.
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