--- title: Mexican Peso Surges After First Presidential Debate description: Shares of the Mexican peso surged after Hillary Clinton won the presidential debate against Donald Trump Monday night. authors: - name: Kerry Close url: https://money.com/author/kerry-close/ at_money_since: 2016 articles: 182 covers: - Economy and Politics - Banking - Business - Career Advice - Credit Cards - Education - Housing - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Retirement - Shopping - Taxes - Technology social: - https://x.com/kerryclose former_staff: true published: '2016-09-27T13:13:28.000Z' modified: '2020-07-24T07:42:39.000Z' section: Economy and Politics tags: - 2016 presidential election - Currency - Donald Trump - Election 2016 - hillary cliinton - presidential debate - pubdesk word_count: 197 canonical: https://money.com/mexican-peso-presidential-debate/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Mexican Peso bills are arranged for a photograph with a U.S. one dollar bill in Mexico City, Mexico, on Wednesday, Jan. 27, 2016. Mexicos peso, the worst performing major currency in 2016, is poised for a rebound by the end of this year, according to its most-accurate forecaster, Sireen Harajli, a strategist for Mizuho Bank Ltd. who was the best analyst for the peso in the fourth quarter, according to a Bloomberg ranking.](https://img.money.com/2016/09/160927_em_pesosurge.jpg) *Mexican Peso bills are arranged for a photograph with a U.S. one dollar bill in Mexico City, Mexico, on Wednesday, Jan. 27, 2016. Mexicos peso, the worst performing major currency in 2016, is poised for a rebound by the end of this year, according to its most-accurate forecaster, Sireen Harajli, a strategist for Mizuho Bank Ltd. who was the best analyst for the peso in the fourth quarter, according to a Bloomberg ranking.* While at least [two polls](http://www.publicpolicypolling.com/main/2016/09/voters-nationally-say-clinton-won-debate-5140.html) gave [Hillary Clinton the win over Donald Trump](http://www.cnn.com/2016/09/27/politics/hillary-clinton-donald-trump-debate-poll/) in Monday night's [heated presidential debate](https://money.com/trump-clinton-debate-money-quotes/), the Mexican peso may be the night's real victor. Emerging markets rallied Tuesday, with the Mexican peso surged more than 2% in the wake of the verbal sparring match, [Reuters reported](http://www.reuters.com/article/us-global-markets-idUSKCN11X012). That may be a result of the fact that the markets see Clinton as the winner in the first debate, and the Democratic candidate is seen as the safer choice in terms of maintaining the status quo. Investors view the Republican Trump, on the other hand, as a volatile option whose presidency leaves many unanswered questions, such as the direction of U.S. foreign policy and the domestic policy. Before the debate, the peso had reached new lows amid concerns that a Trump presidency might harm exports to the United States, its biggest market. But that changed soon after the candidates began sparring on Tuesday night. "Markets started to call the debate for Hillary within the first 15 minutes or so, with the Mexican peso surging in what is probably its busiest Asian session in years," Sean Callow, a senior currency analyst at Westpac in Sydney, told Reuters. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/mexican-peso-presidential-debate/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Economy and Politics", "item": "https://money.com/economy-and-politics/" }, { "@type": "ListItem", "position": 3, "name": "Elections", "item": "https://money.com/elections/" }, { "@type": "ListItem", "position": 4, "name": "Mexican Peso Surges After First Presidential Debate" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/mexican-peso-presidential-debate/#webpage", "url": "https://money.com/mexican-peso-presidential-debate/", "name": "Mexican Peso Surges After First Presidential Debate", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2016-09-27T13:13:28.000Z", "mainEntity": { "@id": "https://money.com/mexican-peso-presidential-debate/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/mexican-peso-presidential-debate/#breadcrumb" }, "dateModified": "2020-07-24T07:42:39.000Z" }, { "@type": "Article", "headline": "Mexican Peso Surges After First Presidential Debate", "articleSection": "Economy and Politics", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2016/09/160927_em_pesosurge.jpg", "width": 2100, "height": 1400, "caption": "160927_EM_PesoSurge" } ], "author": [ { "@type": "Person", "name": "Kerry Close", "url": "https://money.com/author/kerry-close/", "@id": "https://money.com/author/kerry-close/#author", "sameAs": [ "https://x.com/kerryclose" ] } ], "publisher": "https://money.com/#organization", "datePublished": "2016-09-27T13:13:28.000Z", "description": "Shares of the Mexican peso surged after Hillary Clinton won the presidential debate against Donald Trump Monday night.", "abstract": "Shares of the Mexican peso surged after Hillary Clinton won the presidential debate against Donald Trump Monday night.", "@id": "https://money.com/mexican-peso-presidential-debate/", "inLanguage": "en-US", "dateModified": "2020-07-24T07:42:39.000Z", "wordCount": 197, "keywords": [ "2016 presidential election", "Currency", "Donald Trump", "Election 2016", "hillary cliinton", "presidential debate", "pubdesk" ], "about": [ { "@type": "Thing", "name": "Political economy", "sameAs": [ "https://en.wikipedia.org/wiki/Political_economy" ] }, { "@type": "Thing", "name": "Election", "sameAs": [ "https://en.wikipedia.org/wiki/Election" ] } ] } ] } ```