Will The Mexican Peso Continue to Rise?

Will the rebound of the Mexican peso continue? In a September 28 report, Capital Economics author David Rees wonders if what is considered a Trump victory proxy will continue a move higher. When investors consider the peso through the narrow lens of a political equation alone, are they missing the larger story?

Trump success and Mexican Peso negatively correlated

After Monday’s US presidential debate, in which the edge was given to Hillary Clinton, the Mexican peso rallied. The move was widely attributed as a statement on the diminished potential for Donald Trump to be elected.

Rees noted the Mexican...