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Mexican Peso Soars In Response To Trump Tapes Scandal

When it comes to the market, there is one instrument which reveals, perhaps better than any other asset class, Trump's presidential chances: the Mexican Peso, or MXN. As we reported in mid-September, the Mexican currency plunged to record lows at the same time as Trump's presidential odds were rapidly rising and even briefly surpassed Hillary's. However, following the first presidential debate two weeks ago, the Peso spiked, erasing much of its recent losses.
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