Mexican Peso Slides to Record Low as Clinton Flags in U.S. Polls
- ‘Trump Effect’ seen pushing peso lower as traders watch polls
- Currency has repeatedly weakened when Donald Trump gains
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When Hillary Clinton coughs, the Mexican peso gets tuberculosis.
On a day when emerging market currencies were already reeling from falling commodities prices, the peso tumbled as much as 2.2 percent to an intraday record as the Democratic candidate’s slide in polls for the 2016 U.S. presidential race spooked traders. Among all the currencies tracked by Bloomberg, only the Suriname dollar has fallen more this week.