Mexico Peso Trades in Line With Peers After Presidential Debate
- Currency has advanced as Trump has slipped in election polls
- Trump has pledged to renegotiate Nafta agreement if elected
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Mexico’s peso traded in line with emerging-market peers after the third U.S. presidential debate, signaling traders saw nothing in the matchup that changed their perception of who is likely to win the election.
The currency slipped 0.5 percent to 18.6194 per dollar as of 11:09 a.m. in New York, paring gains of as much as 0.4 percent in the immediate aftermath of the debate. A gauge of emerging market currencies weakened 0.4 percent.